Vijay Mallya

Kingfisher beer, Force India Formula One team owner to face fraud charges back home

The loans from the state-owned IDBI bank were intended to bail out Kingfisher Airlines

The 61-year-old Vijay Mallya has had business interests ranging from aviation to liquor

Amitabh Bachan and film star Sanjay Dutt's wife also linked to Paradise Papers

Mallya left India in March 2016 owing more than one billion dollars

Mallya has denied the charges against him

Mallya has also complained about the usual media hype in his tweet

Mallya was known for his flamboyant lifestyle and styled himself as the 'King of Good Times'

Mallya, a flamboyant former billionaire who made his fortune from a liquor and beer empire, moved to Britain in March

Vijay Mallya, a part-owner of the Force India Formula One team, left India on March 2 owing more than $1 billion

Mallya's massive debt has become a symbol of Indian banks' vast volume of bad loans

Separately, he is being chased by a group of mostly state-run banks over $1.34 billion in unpaid loans

Kingfisher, once India's second-biggest airline stopped flying in Oct 2012 leaving creditors and employees unpaid

Mallya's fortune reached a peak of $1.6 billion in 2007, according to Forbes

The beleaguered liquor baron accused of defaulting on hundreds of millions of dollars in loans