Vijay Mallya released

  • October 3, 2017
  • 10:29 pm
  • Harsh Vardhan Tripathi

India has been seeking his extradition from the UK since the beleaguered businessman began his self-imposed exile in March 2016.

Beleaguered businessman Vijay Mallya was arrested in London on Tuesday in connection with a money laundering case. However, he was released on bail soon after he was taken into custody, according to the Hindustan Times.

He is scheduled to appear before the Westminster Magistrates’ Court at 2 pm local time.

In April, too, the 61-year-old was arrested and granted bail within hours. London’s Scotland Yard had taken Mallya in on April 18 in the case of his extradition from the United Kingdom and released him shortly afterwards. He has been out on bail since then.

Mallya is wanted in India for a number of cases, including for defaulting on loans worth Rs 9,000 crores from 17 banks. He has been in the United Kingdom since March 2016, and had earlier said he would not return to the country.

India’s Ministry of External Affairs had submitted an extradition request to the United Kingdom on February 9, after Mallya made his self-imposed exile clear. The request was made on the basis of an Extradition Treaty signed between the countries in 1992.

UK’s Crown Prosecution Service has been arguing the extradition case on behalf of the Indian government. The Westminster Magistrates’ Court in London had scheduled the pre-trial in the case for November 20