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Ex-billionaire fights bid to foreclose on London home

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UBS Group is trying to foreclose on a £20.4 million (S$37.2 million) mortgage loan on former billionaire Vijay Mallya's London house, which overlooks the capital's Regent's Park. The bank is seeking possession of the property, which Mr Mallya – an Indian tycoon who's battling extradition in a separate case –…

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Click here to read the full story: The Business Times

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