Publish with Us

Follow Penguin

Follow Penguinsters

Follow Penguin Swadesh

The dirty trail of money

While much has been read and said about Vijay Mallya and his constant hide-and-seek with government authorities, details remain either inaccessible or too obfuscated. Escaped is a deep dive into the deeds and misdemeanours of the magnate, and what lies beneath the scaffolding of a billionaire-gone-wrong. Here is an excerpt:

 

The more famous pad of the Mallyas is the palatial country house in Tewin village, Hertfordshire, 20 miles north of London. The quintessential English village dates back to the Anglo-Saxon times, boasts of a picturesque countryside rich in flora and fauna and has a population of barely 2000.

Mallya’s property Ladywalk was previously owned and occupied by Anthony Hamilton, father of F1 champion Lewis Hamilton, and hence has always been the cynosure of all eyes in the sleepy village.

Though not much is visible from the main entrance, a public footpath runs around the property, providing an unrestricted view of the enormous spread that includes the main house Ladywalk and a lodge called Bramble Lodge with plenty of land for Mallya’s five dogs — Bichon lapdogs Elsa and Daisy, golden retrievers Luna and Bella and a St Bernard called Spirit — to play chase.

Security at Ladywalk is a priority and several CCTV cameras are in operation 24×7 at various entry and exit points along the periphery of the extensive property. Guards, dressed in black and armed with iPads and binoculars, are ever vigilant, and more so for snoopy scribes.

The large modern house sits on 30 acres of land and boasts of swimming pools, tennis courts and several outhouses. The two-year renovation of the property saw a continuous flow of architects, landscape artists, builders and gardeners. But what the locals most look forward to is the plethora of supercars that take to the narrow roads leading to Queen Hoo Lane. A sure sign that the party king is at home!

Front cover Escaped
Escaped||Danish Khan, Ruhi Khan

The story begins on 11 June 2014. This property was already on the market through estate agents Savills and Knight Frank with at least one prospective buyer lined up. Mallya paid Hamilton a visit, instantly fell in love with the property and immediately made an offer. An offer that Anthony Hamilton could not refuse. So desperate was Mallya to make this his new home that a written agreement between the two was signed that day, thus sealing the fate of this property.

Interestingly, this agreement specified the ‘Buyer’ as: ‘Dr Vijay Mallya and/or, Miss Leena Vijay Mallya, Miss Tanya Vijay Mallya, Mr Siddhartha Vijay Mallya OR to his/their order’. Mallya’s Cornwall Terrace address in London was listed as the residential address. The deal was signed for a whopping £13 million and strangely no deposit was taken by Hamilton on that day.

On 11 June 2014, Anthony Hamilton signed as the ‘seller’, witnessed by Force India’s Deputy Head Robert Fernley, and Mallya signed the agreement under his own name as a ‘buyer’, witnessed by his chartered accountant Dr Lakshmi Kanthan.

The only signature on the preliminary agreement under the ‘buyer’ was that of Mallya.

None of his children had accompanied him to view the property and there is no evidence to suggest that they were aware that they were put as buyers then or had authorized Mallya to purchase the property on their behalf.

This property has all the hallmarks of being owned and occupied by Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services.

Yet when we dig deeper into the ownership, Vijay Mallya is a phantom lurking everywhere yet really nowhere.

Ladywalk is propped up on a complex structure of ownership that defines the existence of many such marquee properties in the UK.

Mallya has never disputed claims that he bought his new family home with the intention of securing it for his son and two daughters.

Though he has often nonchalantly challenged reporters to prove that the Ladywalk property was bought by him through ill-gotten money.

If one can lawfully hide the real ownership and flow of funds, why wouldn’t billionaires exercise the option and bask in the security this provides them?

~

Danish Khan and Ruhi Khan’s book is going to keep you at the very edge of your seats.

Meet Rishi Mathur—An Excerpt from ‘Love Curry’

Pankaj Dubey is the bestselling author of —’What A Loser!’, ‘Ishqiyapa—To Hell with Love’. His latest book ‘Love Curry’ is about three flat mates in London who fall in love with the same girl. This make them arch-rivals but when things take a turn, they don’t find anyone else but eachother to turn to.
Here’s an excerpt from the book which introduces you to one of the flat mates.
He came from Agra—the city of the Taj Mahal, a monument that stood for a timeless love. A monument that simply kept standing when his love had wandered off. No wonder he had left the city and its Mahal. Choosing England instead with all its apparent coldness. He wanted to be away from all that had always been with him. No one knew him here or cared to. But there was a comfort in this anonymity. It was only months after he shifted to house number 104, George Street, that some of his neighbours began to recognize him, or what little they saw of him. For he would leave in the morning and return only after it got dark. He could have been the night watchman for all they knew. No words he exchanged with anyone. No twitch of a smile to a face that looked familiar. His socializing was restricted to giving someone way if they were in a rush.
His name was Rishi Mathur, the guy whose door was locked. The occupant of the third room in house number 104. A house that was almost a subcontinent, harbouring as it did three South Asian boys, flying the flags of India, Pakistan and Bangladesh. Besides the Indian—Rishi—docking in the house were Shehzad from Dhaka and Ali from Lahore.
Rishi in Agra had been quite a talkative fellow. This was a different version. No, the Queen wasn’t to blame for this sudden, sullen silence. At the heart of the matter was a breakup. One he was finding difficult to chew. So he went quiet and fled to England. He had seen people go to London to study or to get rich. But he came to recover. People arrived here with big dreams. He landed with promises—three promises that he’d made to himself. Three promises that were perhaps the opposite of what any other immigrant from India would have made
The first was to stay away from girls—especially the beautiful ones. He could not trust them now.
The second vow was to never return home. He would do all it took to make this island nation his new home. There was nothing waiting for him in India—and absolutely no one that mattered to his broken heart.
Thirdly, he would lie low. No soaring aspirations for him. No growth, no riches. He would not be the next British-Indian industrialist or Indian lord in Parliament. All he would be was a nobody.
It was easy to do the third thing. He simply didn’t need to do much. The limelight ignored him automatically. High denomination pounds stayed away. The few notes he earned kept hopping in and out of his wallet. The heartbroken hero strived for no comeback as a happy success story. All he wanted and got was a corner seat in life.
No one knew what Rishi did, not even his two housemates. Shehzad from Dhaka and Ali from Lahore lived in the same house with him, but in blissful ignorance. Each one had a story of his own that each wished to keep to himself. Though they shared a subcontinent and now a house, the three were reluctant to overlook the fact that they came from three different countries. This fourth country that they came to live in however threw them together in more ways than one. For starters, they got branded ‘Bloody Pakis’ the second they set foot here!
In their three-bedroom house, the room in the middle went to Rishi. Shehzad occupied the one to his left. The Bangladeshi was almost twenty-three, but still had a somewhat wild streak, which was announced by the sheer number of tattoos covering his five-foot-eight-inch frame. No, he didn’t need them to enhance his looks—he had plenty of those already. His angular face and curly fringe were a photographer’s dream. The decoupage tattoos advertised the person he was—a question mark. No one knew what he would say or do next, not even Shehzad. Only one thing was reasonably clear— rehab would figure somewhere in his future! For, the fellow smoked up relentlessly.
What made him so unpredictable was an even bigger mystery. No one knew the painful backstory. It featured a father who was an airline pilot in his home country. But that was before he lost one of his limbs in a ground accident. The tragedy, however, didn’t end there. His mother eloped soon after, forsaking his father for another pilot who was a friend of the family. The six-year-old boy was left behind with a handicapped father, a pit of a future and so many wagging tongues.

error: Content is protected !!