UK Court orders Malya extradition to India |
The Westminister Magistrates` Court in London on Monday ruled that liquor baron Vijay Mallya be extradited to India. This development is being seen as a victory for Indian investigative agencies. The former Kingfisher Airlines boss, who has been on bail since his arrest over an extradition warrant in April 2017, is India`s economic offender. He is wanted for charges of alleged bank fraud and money laundering to the tune of over Rs 9,000 crore. Hailing the UK court order on Mallya`s extradition, finance Minister Arun Jaitley said the offender who ``benefited during the UPA rule`` is being brought to the book by the NDA government. It`s not clear if Mallya will be sent to India immediately though, as the appeals process could take another few months if not a year.
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