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Vijay Mallya to be extradited to India for trial

Vijay Mallya to be extradited to India for trial

India Blooms News Service | @indiablooms | 04 Feb 2019, 04:34 pm

New Delhi, Feb 4 (IBNS): Fugitive liquor baron Vijay Mallya will be extradited to India to face trial for defaulting of loans and money syphoning.

UK's Secretary of State has signed the order for his extradition on Monday.

Mallya has now 14-day time period to appeal in a higher court.

Mallya, owner of the now-defunct Kingfisher Airlines who now lives in the UK, fled India in March 2016.

He owes around Rs. 9,000 crore to banks and faces trial on different counts ranging from defaulting of loans and money syphoning.

Reacting soon after the news broke, Union Minister Arun Jaitley tweeted: "Modi Government clears one more step to get Mallya extradited while Opposition rallies around the Saradha Scamsters."

 

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