Vijay Mallya's Extradition Ordered by UK's Westminster Court
Controversial and flamboyant liquor tycoon Vijay Mallya, wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores.
London, December 10: UK Court has ordered the extradition of Fugitive businessman Vijay Mallya to India. Vijay Mallya's Extradition has been ordered by UK's Westminster Court. The matter has been referred to the Secretary of State (Home). Mallya will now have 14 days to file an appeal against the order, said reports.
Earlier outside the court today, a defiant Vijay Mallya, wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores, said that his offer to repay the principal amount to the Indian banks was “not bogus”.
“My settlement offer is made before the Karnataka High Court. It is not related to this extradition trial. Nobody disrespects a court of law by making a bogus offer. The assets have been attached by the ED so they cannot be bogus assets,” he said
Mallya has been on bail since his arrest on an extradition warrant in April last year.
The court's decision will now go to the UK Home Office for the Home Secretary, Sajid Javid, to pass an order based on the verdict. Both sides will have the right to file for a permission to appeal in the Chief Magistrate’s ruling in the UK High Court.
On Sunday, a joint team of CBI and ED led by CBI Joint Director A Sai Manohar had left for UK for court proceedings in London on India’s request seeking extradition of fugitive businessman Vijay Mallya. Earlier, Rakesh Asthana was leading the case before getting embroiled in the CBI vs CBI controversy along with director of CBI, Alok Verma. CBI vs CBI: Alok Verma, Rakesh Asthana Were Fighting Like Cats, AG Tells Supreme Court.
Controversial and flamboyant liquor tycoon Vijay Mallya, wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores, is scheduled to return to the Westminster Magistrates’ Court on Monday when his extradition trial is listed for a judgment hand-down. London Court Allows Sale of Six Posh Cars Owned by Vijay Mallya to Repay Indian Banks.
The former liquor baron is in the United Kingdom since March 2016 after a money laundering case was registered against him in India. Indian agencies are seeking to extradite him. He has contested his extradition on the grounds that the case against him is “politically motivated” and the loans he has been accused of defrauding on were sought to keep his now-defunct airline afloat.
(The above story first appeared on LatestLY on Dec 10, 2018 05:51 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).