Vijay Mallya back in UK court for extradition hearing
April 27, 2018  15:56
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Liquor tycoon Vijay Mallya was back in a UK court today for a hearing in his ongoing extradition trial. The 62-year-old, who is wanted in India to face charges of fraud and money laundering amounting to around Rs 9,000 crore, is currently on a 650,000 pounds bail since his arrest on an extradition warrant by Scotland Yard in April last year.


"It's another day in court", Mallya told reporters outside the Westminster Magistrates' Court. Chief Magistrate Emma Arbuthnot is set to consider some additional material sought from the Crown Prosecution Service (CPS), arguing on behalf of the Indian government, hear closing arguments, and set a timeline for a verdict in the case -- which is expected by next month.


At the last hearing in the case on March 16, the judge had noted that it was "blindingly obvious" that rules were being broken by Indian banks which sanctioned some of the loans to the erstwhile Kingfisher Airlines owned by Mallya.

File pic.
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