Vijay Mallya arrested in London

IANS
Tuesday, April 18, 2017

Liquor baron Vijay Mallya, wanted in India for defaulting on over Rs 8,000 crore in bank loans, was arrested here on Tuesday. Within hours, a court granted him bail.

Metropolitan Police said Mallya, 61, was taken into custody after attending a central London police station.

The Westminster Magistrates' Court later gave him bail on a 650,000 pound bond. The next hearing of the case will be on May 17.

A Metropolitan Police statement said officers from the Extradition Unit arrested Mallya on an extradition warrant from India.

"Mallya was arrested on behalf of the Indian authorities in relation to accusations of fraud," the statement said.

After getting bail, Mallya tweeted: "Usual Indian media hype. Extradition hearing in court started today as expected."

Mallya fled to Britain in March 2016 after being pursued in courts by Indian banks seeking to recover Rs 8,191 crore owed by his now defunct Kingfisher Airline.

The banks had been able to recover only Rs 155 crore. Despite multiple injunctions, Mallya failed to appear before investigators -- and then flew out of India.

In February, the Indian government handed over to the UK authorities a formal request for Mallya's extradition, saying it had a legitimate case against him on charges of financial irregularities and loan default.


Express your comment on this article

 
INDIAN
Posted on Thursday, April 20, 2017

@Raj
Subah uthke bathroom gaye jab bhi modi modi bolta kya?

Proud Malyali
Posted on Tuesday, April 18, 2017

Vijay Mallya should be sent to Maliya in Kuwait City.

Indian
Posted on Tuesday, April 18, 2017

BHAKT spotted..!

Hafiz
Posted on Tuesday, April 18, 2017

Another scheme for diversion of public attention from government failures in kashmir, rss gundagiri, common civil code, unemployment, Cow gundas, etc

Scorpio
Posted on Tuesday, April 18, 2017

He is out on bail.
Besides I don't understand why people are so much against him, because he leads the life which every middle class aspires to have and can never?
Forget about banks and the crores misused, it has not effected any of us. Hundreds of companies go kaput every year. This govt is spending 3400 Cr on some silly statue in Bombay.
Proud that we have such people not the penny wise corolla car owners.

Hashif
Posted on Tuesday, April 18, 2017

Raj@ Vijay Mallaya escaped also from Modi's period

David
Posted on Tuesday, April 18, 2017

Another Dirty Plan by Vijay Mallya him self.......he is ready to give money for party ,Who,s party ?

Raj
Posted on Tuesday, April 18, 2017

Great! Happens only in Modi's India.

Jai Bharath... Jai Modiji

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