Vijay Mallya, well known as the King of Good Times, is the liquor tycoon of India who left the country and flew to UK in 2016 after association of banks got together to start legal proceedings against him so as to recover the loans.
Following India’s request, the UK government cleared deportation charges against the liquor baron Vijay Mallya who has been accused of alleged fraud and money laundering amounting to Rs. 9,000 crore.
UK’s Home secretary Sajid Javed declared the decision. The order for his extradition was signed on Monday, however, it is not guaranteed.
The 62-year-old chief of the defunct Kingfisher Airlines — whose appeal has also been turned down by a court in December now gets to appeal in court. Though he only has 14 days to appeal in a higher court.
A statement from the UK Home Office said, “On February 3, the Secretary of State, having carefully considered all relevant matters, signed the order for Vijay Mallya’s extradition to India. Vijay Mallya is accused in India of conspiracy to defraud, making false representations and money laundering offences.”
The Westminster Magistrate’s Court had ordered the extradition of Mr. Mallya on December 9. Describing the businessman as a “bejewelled, flashy, ostensibly billionaire playboy”, Judge Sally Arbuthnot said there was no “false case” against him in India.
Stay tuned for more updates!
