Liquor baron Vijay Mallya, who is wanted by Indian security agencies in multi-million loan default case, has been arrested in London by Scotland Yard, TV news channels reported on Tuesday. CBI will soon send a team to London to bring back Mallya to India. The reports, quoting concerned authorities, said that Mallya will soon be produced in Westminster Court later today. Mallya has been arrested under Mutual Legal Assistance Treaty (MLAT) after India had made an extradition request to UK authorities. However, the arrest will not lead directly to Mallya’s extradition, but it can be seen as bringing the process one step closer to beleaguered businessman being sent back to India. “Industrialist #VijayMallya, declared a proclaimed offender, arrested on extradition warrant,” Scotland Yard was quoted as saying by PTI. “Officers from the Metropolitan Police’s Extradition Unit have this morning, Tuesday 18 April arrested a man on an extradition warrant. Vijay Mallya, 61 (18/12/1955), was arrested on behalf of the Indian authorities in relation to accusations of fraud. He was arrested after attending a central London police station, and will appear at Westminster Magistrates’ Court later today, 18 April,” Scotland Yard police said in a statement.
Watch Video: India Gives Extradition Request For Vijay Mallya To UK High Commission
The arrest comes weeks after Finance Minister Arun Jaitley’s visit to UK. India, while handing over its request to UK authorities, had asserted that it has a “legitimate” case against Mallya and maintained that if an extradition request is honoured, it would show British “sensitivity towards our concerns”. Last month, setting in motion the process of extradition of Mallya, the British government had certified India’s request and sent it to a district judge for further action, PTI reported. The extradition process from the UK involves a number of steps including a decision by the judge whether to issue a warrant of arrest.
Mallya, wanted by CBI and Enforcement directorate in loan default case, was declared a wilful defaulter last year for unable to re-paying a sum related to Kingfisher Airlines that was grounded in 2012. Mallya owes over Rs 9,000 crore to lenders like SBI, PNB, IDBI Bank, BoB, Allahabad Bank, Federal Bank and Axis Bank, among others. Mallya left the country on March 3 last year and is currently said to be in Britain. Meanwhile, extradition talks are on between India and UK to get him back.
Further inputs awaited