Indian tycoon faces extradition after United Kingdom arrest

Owen Stevens
April 25, 2017

Ever since Mallya's escape to the United Kingdom nearly a year ago, Indian law enforcement agencies have been trying to nab him.

Mallya was arrested at a central London police station by officers from the Metropolitan Police's Extradition Unit Tuesday morning "on behalf of the Indian authorities in relation to accusations of fraud", according a police statement.

In a major development for the Indian Government, Mallya was arrested by the Scotland Yard in London on extradition request.

Mallya, who was finally caught after repeatedly refusing to appear before courts and investigators in India since he secretly fled to Britain last March, is set to be produced before the Westminster Magistrates' court.

Meanwhile, Finance Minister Arun Jaitley today said investigative agencies are doing their best to ensure extradition of Mallya.

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Troubled businessman Vijay Mallya was arrested today in London by Scotland Yard. Why did the BJP government not move for Mallya's deportation instead of extradition? He had left the country a year ago on 3rd March.

"The Indian Government has done a good job to get Vijay Mallya back to India, as they had followed all the legal procedures properly. I think there's a hunger in Indian public opinion to see such people in prison", the source said here. Surrender of passport, arrest, bail all part of normal extradition proceedings, he added. Mallya's is not the first case, as several such requests from the CBI and other Indian agencies are pending with authorities in the United Kingdom despite both countries having signed an extradition treaty way back in 1993, say officials.

In a case of alleged violation of foreign exchange rules, a Delhi court had recently put out an open-ended non-bailable warrant against Mallaya.

Mallya's airline was granted loan in September 2004 and it was reviewed in February 2008.

India's Central Bureau of Investigation, the country's equivalent of the FBI, had charged the beleaguered tycoon with cheating and conspiracy for defaulting on a 9 billion-rupee loan, given in 2009.

Other reports by VgToday

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