Vijay Mallya arrested by Scotland Yard in London

by Frankie Norman April 19, 2017, 1:39
Vijay Mallya arrested by Scotland Yard in London

The Indian law enforcement authorities along with the Scotland Yard arrested the absconding liquor baron.

The UK had refused to deport Mallya a year ago after India wanted him to be extradited following his silence on summons by the Indian federal investigating body CBI and Enforcement Directorate.

Senior advocates K T S Tulsi and Dushyant Dave were of the view that the courts in the United Kingdom are very independent and do not grant extradition easily.

Earlier in January this year, a CBI court had issued a non-bailable warrant against Mallya in the Rs 720-crore IDBI Bank loan default case. He would be produced at the London court.

Mallya has been accused of fraud and was arrested by the Metropolitan police on behalf of the Indian authorities.

He was arrested at a central London police station on Tuesday and is due to appear at Westminster Magistrates' Court later in the day.

Soon after he was bailed out, Mallya tweeted raising yet another offensive against Indian media, calling all the reports on his arrest as 'over-hype'.

Mallya is wanted in cases related to several economic offences, including defaulting on bank loans worth crores of rupees.

Mallya had his diplomatic passport revoked last April, with a warrant issued for his arrest, and he has since been residing in the UK.

During his visit to Britain in the same month, Indian finance minister Arun Jaitley, in an indirect mention of Mallya, had referred to "certain individuals who have overstayed" in that country.

The Directorate claimed that Mallya was not cooperating with investigators, and had ignored their summons to give evidence three times.

At a preliminary hearing at Westminster Magistrates' Court later on Tuesday, Mallya was released on conditional bail, with the case adjourned until May 17.

Mallya became wealthy under his Kingfisher brand beer, stated the BBC News.

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