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Vijay Mallya case updates: Former KFA boss to be extradited to India, says UK court order 'unfortunate'

Vijay Mallya, the 62-year-old former Kingfisher Airlines boss has been on bail since his arrest on an extradition warrant in April last year

FP Staff December 10, 2018 20:07:35 IST
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Vijay Mallya case updates: Former KFA boss to be extradited to India, says UK court order 'unfortunate'

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LIVE NEWS and UPDATES

Dec 10, 2018 - 19:54 (IST)

Mallya verdict major victory in our war on UPA's scams: Rajyavardhan Singh Rathore

Minister of State for Youth Affairs and Sports Rajyavardhan Singh Rathore said that UK court order on "Vijay Mallya's extradition to India is a major victory in the government's war on UPA's scams."

"The govt's relentless persistence, under PM @narendramodi ji's leadership and focus, has resulted in this win for INDIA!," he added.

BJP MP Subramanian Swamy said that by the end of January, Mallya could be brought back to India. "Prime Minister deserves congratulations for seeing that none of our investigating agencies is blocked in doing their duties, unlike in the past," Swamy was quoted as saying by ANI.

Dec 10, 2018 - 19:43 (IST)

Verdict on Mallya's extradition significant in fight against corruption: Amit Shah

Dec 10, 2018 - 19:39 (IST)

UK court order 'unfortunate': Mallya

Commenting on the Westminster Magistrates' Court order, Vijay Mallya said that his legal team will take further steps after reviewing the verdict. He termed the court verdict as 'unfortunate'. Mallya added that he was not shocked following the court's order. 

Dec 10, 2018 - 18:47 (IST)

Won't sit on Mallya file: Top UK govt source  

A top UK government source said that it will respect judiciary's verdict ordering Vijay Mallya's extradition. "Mallya file will be dealt with swiftly," the source was quoted as saying by CNN News18.

Dec 10, 2018 - 18:42 (IST)

No ground to believe that Mallya faces risk at Mumbai jail: UK court 

In relation to the defence's attempts to dispute Indian prison conditions as a bar to Mallya's extradition on human rights grounds, the judge said the video of the Barrack 12 of Mumbai's Arthur Road Jail, where Mallya would be held, "gives accurate portrayal and has been recently redecorated".

"He will have access to personal medical care to manage his diabetes and coronary problems... There was no ground at all to believe that he faces any risk at all (in jail)," the judge ruled.  The judge ruled that Mallya would remain on same bail conditions.
 
--PTI

Dec 10, 2018 - 18:40 (IST)

No sign of a false case being mounted against Mallya: UK court 

Delivering the verdict, Westminster Magistrates' Court Chief Magistrate Judge Emma Arbuthnot said that there was "no sign of a false case being mounted against him".

"Having considered evidence as a whole. There is a case to answer," Judge Arbuthnot said as she ruled that 62-year-old Mallya could be extradited to India to stand trial on the charges brought by the CBI and the ED. She was also extremely critical of how loans were granted and then used.
 
-- PTI

Dec 10, 2018 - 18:35 (IST)

No one who cheats India will go scot free: Arun Jaitley 

Union finance minister Arun Jaitley welcomed the UK court's verdict ordering the liquor baron's extradition to India. "An offender benefited during the UPA. The NDA brings him to book," Jaitley said in a tweet. 

Dec 10, 2018 - 18:31 (IST)

Mallya to face fraud charges resulting from collapse of Kingfisher Airlines

An extradition of Mallya would be a huge win for Prime Minister Narendra Modi months before an election, after opposition parties said the government had given a “free passage” to the business tycoon to flee, an accusation it denies.

Modi has faced pressure from political opponents to bring to justice several people who have fled India in recent years to escape prosecution in an array of cases, many of them loan defaults.

-- Reuters

Dec 10, 2018 - 18:22 (IST)

The verdict has set things in motion: Former Kingfisher employee

Dec 10, 2018 - 18:21 (IST)

We hope to extradite Mallya soon: CBI spokesperson

CBI spokesperson said that the investigative agency hopes to bring back Mallya soon and conclude the case. "CBI has its own inherent strengths. We worked hard on this case. We are strong on Law and facts and we were confident while pursuing extradition process," the spokesperson was quoted as saying by ANI

Vijay Mallya case Latest Updates: A UK court orders the extradition of Vijay Mallya, wanted in India for alleged fraud and money laundering charges.

Embattled liquor tycoon Vijay Mallya, wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores, is set to appear before the Westminster Magistrates' Court here on Monday when his extradition trial is listed for a judgment hand-down.

The 62-year-old former Kingfisher Airlines boss has been on bail since his arrest on an extradition warrant in April last year.

Vijay Mallya case updates Former KFA boss to be extradited to India says UK court order unfortunate

File image of Vijay Mallya. Reuters

He has contested his extradition on the grounds that the case against him is "politically motivated" and the loans he has been accused of defrauding on were sought to keep his now-defunct airline afloat.

"I did not borrow a single rupee. The borrower was Kingfisher Airlines. Money was lost due to a genuine and sad business failure. Being held as guarantor is not fraud," he said in his recent Twitter post on the issue.

"I have offered to repay 100 percent of the principal amount to them. Please take it," the flamboyant businessman tweeted earlier.

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