BIG BREAKING! Vijay Mallya arrested in London!

The business tycoon Vijay Mallya who is absconding from CBI and Indian courts has been arrested in London by the Scotland yard!

This is the first step in the process of extraditing him from the United Kingdom. Mallya will be produced in Westminster court later today.

India’s request to the United Kingdom for the extradition of embattled liquor tycoon was certified by the British government last month.

Mallya had fled to Britain in March 2016 after being pursued in courts by banks seeking to recover about Rs 9,000 crore owed by his Kingfisher Airline.  A magisterial court in Mumbai had issued a non-bailable warrant and an extradition order against beleaguered businessman him in March, but Mallaya continued to take refuge in the UK.

In April 2016, a special court for Prevention of Money Laundering Act cases too had issued an NBW against Mallya, while in January this year a CBI court issued an NBW against the beleaguered liquor baron in an IDBI loan default case.

Congress which was mocking the Modi government and said the Center was supporting Mallya, will now have to eat its words as the UK governmnet took this action on request of India under MLAT.

Further updates awaited…!

Aishwarya S