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Mallyagate Is What Happens When You Bet On The Wrong Horse

Once upon a time, Vijay Mallya, Rajya Sabha MP and entrepreneur extraordinaire, straddled the corporate and the sporting worlds with practiced ease. His passion for all things royal, including horses, was evident at a stud farm in Kunigal where horses were bred for his United Racing and Bloodstock Breeders (URBB). At one time, imported thoroughbreds from this farm used to chase the best and win races. Today, however, we are witnessing the might of the CBI, SEBI, and ED chasing the owner of a defunct Kingfisher Airlines...