Top

Extradite fugitive Vijay Mallya, says London court

The Westminster Magistrates Court in the UK said Mallya, who fled India in March 2016, must be extradited to India where he is accused of committing bank frauds amounting to Rs 9,000 crore.

Shobhit Kalra

Shobhit KalraBy Shobhit Kalra

Published on 10 Dec 2018 3:24 PM GMT

Mallyas all properties to be seized; termed fugitive economic offender
X
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print

New Delhi: Welcoming a British court's judgement, the Central Bureau of Investigation (CBI), on Sunday, said that fugitive business tycoon Vijay Mallya will be brought back soon in the country.

"We welcome the decision and hope to bring Vijay Mallya back soon. CBI has its own inherent strengths. We worked hard on this case. CBI was always strong on facts and legally we were confident while pursuing extradition process," a CBI spokesperson said.

Calling it a great day of India, the Finance Minister Arun Jaitley also welcomed the UK court's judgement. He said, "No one who cheats India will go scot-free. The judgement of UK's court is welcome. An offender benefited during the UPA. The NDA brings him to book."

The Westminster Magistrates Court in the UK said Mallya, who fled India in March 2016, must be extradited to India where he is accused of committing bank frauds amounting to Rs 9,000 crore.

Mallya, however, has reiterated that he is ready to pay back the money he owed to Indian banks.

Proceedings are on before the Mumbai Special Court against Mallya under the Fugitive Economic Offenders Act.

Shobhit Kalra

Shobhit Kalra

Writer has 10 years of experience in digital media. Presently working as Chief Sub Editor at newstrack.com. An avid reader and always willing to learn new things and techniques.

Next Story