Vijay Mallya london News
Fugitive businessman Vijay Mallya has got a big setback from the Supreme Court. Court sentenced Vijay Mallya to 4 months imprisonment and imposed a fine of Rs.2000.
The Central Government gave information in the Supreme Court. Vijay Mallya's extradition is going on in the final stages. There is some process left.
The 'good times' is almost over for Vijay Mallya, absconding business tycoon is set to be extradited to India.
The order grants permission to the UK High Court Enforcement Officer to enter the 62-year-old tycoon's properties in Hertfordshire, near London.
The move is followed by the absconding liquor baron's brief arrest and consequent bail in London.
Arun Jaitley said investigative agencies are doing their best to ensure extradition of controversial businessman Vijay Mallya, who was arrested in London yesterday and later released on bail.
In his first reaction after getting bail, Vijay Mallya played down his arrest saying that it's usual Indian media hype. He also said that extradition hearing in Court has started today as expected.
Mallya, who has been declared a proclaimed offender, was arrested on India's request for his extradition on fraud charges.
In a big political breakthrough for the Government of India on Tuesday, absconding liquor baron Vijay Mallya was arrested by the Scotland Yard in London.
India had applied to Britain to extradite Vijay Mallya to face trial after the liquor and aviation tycoon was charged with conspiracy and fraud over a loan to his defunct Kingfisher Airlines.
BJP Rajya Sabha MP Subramanian Swamy on Tuesday warned that fugitive former IPL commissioner Lalit Modi will also be arrested very soon, minutes after absconding liquor baron Vijay Mallya was arrested by the Scotland Yard in London.
Absconding liquor baron Vijay Mallya, who has been declared a proclaimed offender, was arrested in London by Scotland Yard.
Absconding liquor baron Vijay Mallya was arrested in London and is likely to be extradited to India soon.
The UB Group chairman, who is being chased in connection with an alleged debt of around USD 1.4-billion linked to the collapsed Kingfisher Airlines, has been based in the UK since March this year.
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