Vijay Mallya arrested in London, gets bail

Gladys Abbott
April 21, 2017

Mallya was arrested under an extradition warrant issued by the Indian authorities.

On a day when businessman Vijay Mallya was arrested by the Scotland Yard in London and momentarily released on bail, Prime Minister Narendra Modi criticised those have "looted the poor and middle classes".

The Metropolitan Police said: "Officers from the Metropolitan Police's Extradition Unit have this morning, Tuesday 18 April arrested a man on an extraction warrant".

He appeared at Westminster magistrates' court in London and was seen walking out with his legal team a few hours later after being granted bail. Indian investigators said past year Mallya had ignored their summons to give evidence three times.

The report further stated that Vijay Mallya has also been asked to keep his mobile phone switched on for 24 hours.

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In March, to set in motion the extradition process of Mallya, the United Kingdom government had certified the request of India and forwarded it to the district judge for taking further action. Mallya made the submission through his counsel before Chief Metropolitan Magistrate Sumit Dass in a case lodged against him for allegedly evading summons in a FERA violation matter.

Last week, a Delhi court put out an open-ended non-bailable warrant against the 61-year-old in a case of alleged violation of foreign exchange rules.

"Vijay Mallya will be brought back to India, due process of law will be followed", BJP leader and MoS Finance Santosh Gangwar said. The flamboyant liquor tycoon is accused of wilfully defaulting on more than Rs 9,100 crore in debt accumulated by Kingfisher Airlines. "It's part of the judicial process in that country and the judicial process functions on certain considerations", he said in response to queries regarding Mallya's extradition.

However, earlier today, Mallya, while downplaying the din surrounding his sensational arrest in London, took a swipe at the Indian media. Samirbhai Vinubhai Patel was extradited in October 2016 in a case related to the 2002 Gujarat riots.

The Indian agencies took the step on the basis of complaint filed by a consortium of 17 banks led by the State Bank of India.

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