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<ul><li>The UK’s Home Secretary, <keyword id="6448687" type="PERSON" weightage="20" keywordseo="sajid-javid">Sajid Javid</keyword>, has finally signed off on the extradition of <keyword id="14678" type="PERSON" weightage="20" keywordseo="Vijay-Mallya">Vijay Mallya</keyword>. </li><li>This comes two months after the Westminster Magistrates’ Court ruled that the liquor baron could be extradited to India in order to answer for his alleged crimes. </li><li>Mallya now has 14 days to appeal the ruling.</li></ul>The UK’s Home Secretary, Sajid Javid, has finally signed off on the extradition of Vijay Mallya, nearly a month after he was declared a <a href="https://www.thehindu.com/news/national/vijay-mallya-declared-as-fugitive-economic-offender-under-new-law/article25919274.ece">“fugitive economic offender” </a>after a special court in India on charges of fraud and <keyword id="6355008" type="UNKNOWN" weightage="20" keywordseo="Money-laundering">money laundering</keyword>. He has defaulted on nearly ₹90 billion worth of loans made to his now-defunct <keyword id="6373962" type="COMPANY" weightage="20" keywordseo="kingfisher-airlines">Kingfisher Airlines</keyword>. The case was sent to the UK Home Office In December 2018 after the Westminster Magistrates’ Court ruled that liquor baron Vijay Mallya <a href="https://www.businessinsider.in/the-extradition-of-vijay-mallya-the-indian-government-has-secured-a-key-victory-but-a-lot-more-work-remains/articleshow/67041778.cms">could be extradited to India</a> in order to answer for his alleged crimes. It took the full two months it had to make a decision. Javid’s verdict is an important victory for India. In addition to the severity of Mallya’s financial crimes, it was asked to guarantee that he would be subjected to a fair trial and humane living conditions while in jail. Mallya now has 14 days to appeal the ruling. For his part, he has vehemently denied reports that he fled India to prevent imprisonment and even said that he had made offers to pay back his loans. He took to Twitter shortly after the UK’s Home Office announced his decision. 
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 Given that Mallya now has the all-clear to appeal his extradition, it could be still be a few months before his extradition takes place. However, the Modi administration will likely do its best to secure his return before general elections in May, which will give it an important symbolic victory and bolster its anti-corruption stance. Separately, a special court set up under the Prevention of Money Laundering Act is expected to take a decision this week on a plea filed by a consortium of lenders led by the State Bank of India on whether ₹125 billion worth of confiscated assets belonging to Mallya can be liquidated at the earliest. SEE ALSO: <a href="https://www.businessinsider.in/the-extradition-of-vijay-mallya-the-indian-government-has-secured-a-key-victory-but-a-lot-more-work-remains/articleshow/67041778.cms">The extradition of Vijay Mallya: The Indian government has secured a key victory but a lot more work remains</a> <a href="https://www.businessinsider.in/indian-liquor-tycoon-vijay-mallya-to-be-extradited-cbi-hopes-to-see-him-soon/articleshow/67027297.cms">Indian liquor tycoon Vijay Mallya to be extradited — CBI ‘hopes to see him soon’</a>

India just moved a step closer to securing the extradition of Vijay Mallya

Indian government is set to face a stretched legal battle with the British courts before it can convince them for the <a href="http://www.businessinsider.in/india-asks-british-high-commission-for-extradition-of-vijay-mallya/articleshow/57064887.cms">extradition</a> of erstwhile liquor baron <a href="http://www.businessinsider.in/small-business/people/13-of-vijay-mallyas-properties-to-be-auctioned-including-his-palatial-mumbai-house/articleshow/57310868.cms">Vijay Mallya</a>. These court proceedings could last up to a year, even as the government prepares a strong defence of its case. Also read: <a href="http://www.businessinsider.in/breaking-news-vijay-mallya-arrested-in-london-to-be-extradited-soon/articleshow/58240032.cms">Breaking News: Vijay Mallya arrested in London; to be extradited soon</a>It’s for the first time that a special team of investigators, senior bureaucrats, lawyers and consultants has been created, especially to make sure that this extradition goes through well. "India will also rope in some Queen's Counsels (QCs). The government had already planned this and you will see the lawyers being finalised within the next few days," a person in the know told <a href="http://m.economictimes.com/news/politics-and-nation/india-to-press-before-uk-court-for-vijay-mallyas-extradition/articleshow/58243592.cms">ET</a>. However, it won’t be easy for the government to bring <a href="http://www.businessinsider.in/latest/ready-to-talk-one-time-settlement-says-vijay-mallya/articleshow/57576873.cms">Mallya</a> back.Also read: <a href="http://www.businessinsider.in/indian-authorities-have-no-grounds-to-extradite-me-i-wont-leave-britain-vijay-mallya/articleshow/57306002.cms">Indian authorities have no grounds to extradite me, I won’t leave Britain: Vijay Mallya</a>"It is going to be a long-drawn battle between the Indian government and <a href="http://www.businessinsider.in/small-business/people/vijay-mallya-reveals-faulty-pw-engines-led-to-kingfisher-airlines-collapse/articleshow/57446858.cms">Vijay Mallya</a>," said Zulfiquar M Memon, managing partner, MZM Legal. "Formal arrest and bail at the Westminster Magistrates' Court is just a formality to kick-start the process. The case for extradition will begin now, which will be contested till the end by Mallya's lawyers." In the past, India was unable to extradite music director Nadeem Saifee as well as former IPL chief <a href="http://www.businessinsider.in/sports/Sacked-IPL-commissioner-preparing-blueprint-of-breakaway-cricket-body-to-rival-ICC/articleshow/48424201.cms">Lalit Modi</a> from London, both of which cases saw involvement from MZM Legal.Also read: <a href="http://www.businessinsider.in/how-does-ipl-make-money-lets-find-it-here/articleshow/58111135.cms">How does IPL make money? Let's find it here</a>"Scotland Yard is involved in the arrest as the Indian police have no jurisdiction in the UK. The English courts will now decide on extradition, applying English laws and the extradition treaty with India. The Indian government will have to establish the case against him for extradition, but obviously, the actual criminal trial will be conducted in India," said Anand Desai, managing partner, DSK Legal.

It won’t be an easy task to get Mallya back from British Courts

<ul><li>A <keyword id="6354868" type="COUNTRY" weightage="20" keywordseo="UK">UK</keyword> court has said that liquor baron <keyword id="14678" type="PERSON" weightage="20" keywordseo="Vijay-Mallya">Vijay Mallya</keyword> should be extradited to India in order to answer for his alleged crimes, most of which relate to the default on loans made to the now-defunct <keyword id="6373962" type="COMPANY" weightage="20" keywordseo="kingfisher-airlines">Kingfisher Airlines</keyword>. </li><li>Following the decision by the Westminster Magistrate, the case has now been referred to the UK’s home secretary, who will rule on whether not he should be extradited. </li><li>Meanwhile, Mallya has the option of filing appeals in both the UK High Court and Supreme Court. </li><li>The entire process is expected to take months on end, if not years, given the number of judicial procedures and legal steps involved.</li></ul>Yesterday, a UK court ruled that liquor baron Vijay Mallya could be <a href="https://www.businessinsider.in/indian-liquor-tycoon-vijay-mallya-to-be-extradited-cbi-hopes-to-see-him-soon/articleshow/67027297.cms">extradited to India</a> in order to answer for his alleged crimes, most of which relate to the default on thousands of crores worth of loans made to his now-defunct Kingfisher Airlines. Mallya is suspected to have misled the executives of several Indian banks, including the government-owned State Bank of India, about the financial struggles of the airline and diverted a lot of those funds to his other ventures. After waiting since February 2017, when it made a formal request to the UK for Mallya’s <keyword id="82903" type="ORGANIZATION" weightage="20" keywordseo="extradition">extradition</keyword>, India’s government was obviously <a href="https://www.ndtv.com/india-news/centre-deeply-satisfied-with-uk-courts-verdict-on-vijay-mallya-1960750">happy</a> with the verdict. However, a lot more work and judicial procedures remain to bring Mallya back to India and subsequently pay for his crimes. Following the decision by the Westminster Magistrate, the case has now been referred to the UK’s home secretary, who will rule on whether or not he should be extradited. A decision is expected within two months. Meanwhile, Mallya has two weeks to lodge an appeal in the UK High Court against the lower court’s recommendation to extradite him as well as the home secretary’s decision, as and when it's made. If the appeal, which will only be heard if the home secretary allows it, is rejected, Mallya can then seek recourse in the UK Supreme Court within two weeks of the high court’s verdict. The entire process is expected to take months on end, if not years, given the number of judicial procedures and legal steps involved. Also, given that so much of this is dependent on the discretion of the home secretary, the Indian government will need to consistently make its case for extradition to the UK government. In addition to the severity of his financial crimes, it will have to prove repeatedly that Mallya will be subjected to a fair trial and humane living conditions while in jail. Meanwhile, India’s investigative and law enforcement agencies, primarily the <keyword id="6357808" type="DEFINITION" weightage="20" keywordseo="enforcement-directorate">Enforcement Directorate</keyword> (ED), will get to work on having Mallya declared a “fugitive economic offender.” The designation will allow them to <a href="https://www.businessinsider.in/liquor-baron-vijay-mallya-will-be-the-first-to-be-tried-under-indias-new-fugitive-economic-offenders-ordinance/articleshow/64635569.cms">seize his assets</a>, both domestic and international. Last week, India’s Supreme Court <a href="https://www.livemint.com/Industry/UU8sXq3IsKGTpA4TS6DmjJ/Supreme-Court-refuses-to-stay-ED-proceedings-against-Vijay-M.html">dismissed a plea</a> by Mallya seeking a suspension on proceedings against him by the ED. In addition to securing the “fugitive economic offender” label for Mallya from a special anti-corruption court, the agency is also looking to confiscate ₹125 billion worth of his assets. SEE ALSO: <a href="https://www.businessinsider.in/indian-liquor-tycoon-vijay-mallya-to-be-extradited-cbi-hopes-to-see-him-soon/articleshow/67027297.cms">Indian liquor tycoon Vijay Mallya to be extradited — CBI ‘hopes to see him soon’</a> <a href="https://www.businessinsider.in/liquor-baron-vijay-mallya-will-be-the-first-to-be-tried-under-indias-new-fugitive-economic-offenders-ordinance/articleshow/64635569.cms">Liquor baron Vijay Mallya will be the first to be tried under India’s new Fugitive Economic Offenders Ordinance</a> <a href="https://www.businessinsider.in/vijay-mallya-wants-to-sell-his-assets-to-pay-back-loans-but-it-might-be-too-little-too-late/articleshow/64760900.cms">Vijay Mallya wants to sell his assets to pay back loans, but it might be too little too late</a>

The extradition of Vijay Mallya: The Indian government has secured a key victory but a lot more work remains

(Photo source: IANS) <ul><li><keyword id="14678" type="PERSON" weightage="20" keywordseo="Vijay-Mallya">Vijay Mallya</keyword>, an <keyword id="3658" type="COUNTRY" weightage="20" keywordseo="India">India</keyword>n liquor tycoon and the former boss of Kingfisher Airlines, will be extradited to India by order of a <keyword id="6354868" type="COUNTRY" weightage="20" keywordseo="UK">UK</keyword> court. </li><li>The allegations leveled against him include fraud, money laundering, and conspiracy. </li><li>He left India in 2016 in the middle of the investigation for the UK, a country where he is also a citizen. </li><li>He now has 14 days to file a appeal against the judgement but Central Bureau of Investigation has stated that they ‘hope to see him soon’. </li></ul>A UK court has approved the extradition of India’s liquor tycoon, Vijay Mallya, to India two years after he left India amid charges of fraud and money laundering. The former boss of the Kingfisher Airlines has 14 days to make an appeal against the judgement. The Central Bureau of Investigation (CBI) has released a statement following the order: “We hope to bring him 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 judgement was passed by the Chief Magistrate, Judge Emma Arbuthnot who stated that prima facie (on first impression) there is a case to be made against Mallya for fraud, conspiracy and money laundering. In recent weeks, Mallya has ‘offered’ to pay back what he owes to Indian banks. The allegations against fraud and money laundering amount to an estimated ₹90 billion. He maintains that these charges against him are ‘politically motivated’ and that he has done nothing wrong. According to the <a href="https://economictimes.indiatimes.com/news/politics-and-nation/mallya-extradition-case-arthur-road-jail-keeps-high-security-cell-ready/articleshow/67023180.cms">Economic Times</a>, there is a ‘high-security’ cell kept ready at the Arthur Road prison for Mallya. The same prison housed the 26/11 Mumbai attack terrorist, Mohammad Ajmal Kasab. See also: <a href="https://www.businessinsider.in/vijay-mallaya-wants-to-pay-back-100-public-money-that-he-embezzled-pleads-for-banks-to-take-it/articleshow/66950116.cms">Vijay Mallya wants to pay back '100% public money' that he embezzled, pleads for banks to take it</a> <a href="https://www.businessinsider.in/indias-corporate-fraud-investigation-agency-and-the-ceos-of-state-owned-banks-can-now-directly-prevent-scamsters-from-leaving-the-country/articleshow/66846397.cms">India’s corporate fraud investigation agency and the CEOs of state-owned banks can now directly prevent scamsters from leaving the country</a> <a href="https://www.businessinsider.in/india-takes-its-first-big-step-towards-avoiding-future-nirav-modi-vijay-mallya-like-scams/articleshow/65069668.cms">India takes its first big step towards avoiding future Nirav Modi, Vijay Mallya-like scams</a>

Indian liquor tycoon Vijay Mallya to be extradited — CBI ‘hopes to see him soon’

Liquor baron <a href="http://www.businessinsider.in/searchresult.cms?query=vijay+mallya&amp;sortorder=effectivedate">Vijay Mallya</a> was granted bail hours after he was arrested by the <a href="http://www.businessinsider.in/searchresult.cms?query=scotland+yard&amp;sortorder=effectivedate">Scotland Yard</a>. Mallya, who has been charged with conspiracy and fraud over a loan to his defunct <keyword id="6373962" type="CITY" weightage="20" keywordseo="Kingfisher-Airlines">Kingfisher Airlines</keyword>, fled to Britain in March last year. He has set his base in London. Banks in India have sued Mallya to recover some Rs 9,000 crore and he has been charged with conspiracy and fraud Mallya has always dismissed the charges, saying "not one rupee was misused". Meanwhile, Mallya was arrested in relation to extradition request from the UK to India. He was arrested under the Mutual Legal Assistance Treaty by the <keyword id="713995" type="ORGANIZATION" weightage="20" keywordseo="London-Metropolitan-Police">London Metropolitan Police</keyword> on behalf of Indian authorities on fraud accusations. Here’s the full text of what <keyword id="62696" type="ORGANIZATION" weightage="100" keywordseo="Scotland-Yard">Scotland Yard</keyword> said on Mallya’s arrest Officers from the Metropolitan Police’s Extradition Unit have this morning, Tuesday 18 April arrested a man on an extradition warrant. <keyword id="14678" type="PERSON" weightage="100" keywordseo="Vijay-Mallya">Vijay Mallya</keyword>, 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.

This is what Scotland Yard said on Vijay Mallya’s arrest

<ul><li>At the Commonwealth Summit last month, UK Prime Minister <keyword id="368666" type="PERSON" weightage="20" keywordseo="Theresa-May">Theresa May</keyword> is said to have questioned her India counterpart <keyword id="6354477" type="PERSON" weightage="20" keywordseo="Narendra-Modi">Narendra Modi</keyword> about the state of India’s <keyword id="100683" type="PERSON" weightage="20" keywordseo="Jails">jails</keyword>. </li><li>The question was in reference to the Indian government’s plan to extradite liquor baron <keyword id="14678" type="PERSON" weightage="20" keywordseo="Vijay-Mallya">Vijay Mallya</keyword>. </li><li>Mallya is contesting the <keyword id="82903" type="ORGANIZATION" weightage="20" keywordseo="extradition">extradition</keyword> on the grounds that India’s prisons are overcrowded and unhygienic. </li></ul>Barring the obvious legal and diplomatic complications, the Indian government’s quest to extradite liquor baron Vijay Mallya from the UK has faced another roadblock. Since December 2017, Mallya’s legal team have been arguing against his extradition by citing <a href="https://timesofindia.indiatimes.com/india/indian-jails-over-crowded-with-poor-hygiene-mallyas-defence/articleshow/62074358.cms">the poor conditions of India’s jails</a>. The topic of the state of India’s jails came to the fore again this week, as reports surfaced that Theresa May, the Prime Minister of the UK, questioned her Indian counterpart Narendra Modi about the same when he visited the UK last month for the Commonwealth Summit. According <a href="https://economictimes.indiatimes.com/news/politics-and-nation/vijay-mallya-extradition-india-slams-uk-for-raising-concerns-over-state-of-indian-jails/articleshow/64362960.cms">to Sushma Swaraj,</a> India’s minister of external affairs, Modi reportedly responded by saying that these jails were the same ones where Jawaharlal Nehru and Mahatma Gandhi were held. The subtext was clear. As the struggle for India’s independence gained momentum in the early 20th century, the British had no qualms about imprisoning a number of national leaders and freedom fighters in the very same jails. Why then, should they protest against the imprisonment of a businessman who is wanted for money laundering and defrauding India’s banks of billions of rupees? A final judgement on Mallya’s extradition is expected to come <a href="https://www.hindustantimes.com/india-news/vijay-mallya-s-extradition-hearing-in-uk-court-to-test-india-s-paperwork/story-wWtRIcMjPyV8psbt7vvIBN.html">on July 11th</a>. A favourable ruling for India is contingent on providing a sufficient amount of evidence and paperwork that there is no threat to Mallya’s life in India and that a “prima facie” case, or a case with sufficient proof to merit a trial, exists in the country. The UK’s Crown Prosecution service, a public prosecutor, is representing India’s interests and is said to have handed a 2000-page dossier from the Indian government to the courts in this regard. As part of the case, the Indian government has also furnished information about the conditions of the prison cell in Mumbai’s Arthur Road jail where Mallya will be detained.

The prime ministers of India and the UK reportedly argued over the state of India's jails

<ul class="summary-list"><li>A $20-million sky mansion sits on top of a 33-story luxury apartment complex in India.</li><li>The spectacular home was designed for businessman Vijay Mallya.</li></ul>Tycoons and business moguls are known for their extravagant and often eccentric housing choices. But one controversial business tycoon has taken luxury mansions to new heights — 400 feet, to be precise.Sitting on top of a 33-story luxury apartment complex in Bengaluru, India, this sky mansion is over 40,000 square feet with two floors, a helipad, lush gardens, an infinity swimming pool, and a 360-degree viewing deck.<div type="image" title="Mallya's mansion" height="413" width="647" msid="108732954" hostid="261"></div>Irfan Razac, the chairman of Prestige Estates Projects, which is part of a joint development agreement to construct the tower, <a target="_blank" href="https://www.livemint.com/Companies/65IM1NYBFFgqWAF2osxIUO/Vijay-Mallyas-20-million-sky-mansion-is-almost-ready-B.html">previously said of the project</a>: "It was a challenge to construct the mansion on a huge cantilever at that height, but we have ensured we build it exactly the way it was conceived."Prestige Constructions did not respond to a request for comment from Business Insider.The house has an estimated value of $20 million.Another spectacular home owned by India's superrich is <a target="_blank" class="editor-rtfLink" href="https://www.businessinsider.com/ambani-house-photos-altamount-road-mumbai-spa-parking-amenities-art-2024-3">the Ambani family's Mumbai tower, Antilia.</a> It cost an estimated $1 billion to build. It includes nine elevators, a 50-seat cinema, a full-service spa, a 168-car garage, and three helipads.The Ambani residence is 27 stories high, although its many double-height ceilings mean it's closer in height to a traditional 40-story building.<div type="image" title="The Antilia tower stands tall above the Mumbai skyline" height="853" width="1280" msid="108732955" hostid="261"></div>The sky mansion in Bengaluru, though, was designed for Indian businessman Vijay Mallya and is entirely separate from the apartments below.The apartment block, known as Kingfisher Towers, was built on a 4.5-acre plot of land that once housed Mallya's ancestral home.<h2>Vijay Mallya might never get to live in the mansion</h2>There's a real possibility that Mallya won't ever get to live in the sky mansion.Mallya was known as the "<a target="_blank" class="editor-rtfLink" href="https://www.ft.com/content/e14a6d5c-4c94-47fc-9635-a089841357f3">king of good times"</a> for his opulent lifestyle, according to The Financial Times, but in March 2016, he fled India after defaulting on debts of more than $1 billion and faced fraud charges. He sought refuge in the UK.When Mallya left, according to reports in the Indian media, his <a target="_blank" class="editor-rtfLink" href="https://www.gqindia.com/content/vijay-mallyas-soon-to-be-ready-penthouse-is-the-flashiest-house-in-bangalore">mansion in the sky </a>was still incomplete in 2017.<div type="image" title="Indian businessman Vijay Mallya arrives at the Royal Courts of Justice in London, Britain February 11, 2020. REUTERS/Simon Dawson" height="3850" width="5786" msid="108732956" hostid="261"></div>India has made numerous attempts to extradite the billionaire who made his fortune in the alcoholic beverages business under the popular Kingfisher brand. <a target="_blank" href="https://www.thedrinksbusiness.com/2023/12/row-in-india-over-brewery-giants-night-time-production/">According to recent statistics,</a> in India, the Kingfisher Strong beer brand had a market share of 36 percent and has extended its presence to 69 countries, including Japan, Canada, New Zealand, and Norway.Later in his career, Mallya tried his hand at the aviation industry and Formula 1 racing.In August of last year, when asked about the possible extradition of Mallya back to India, <a target="_blank" href="https://timesofindia.indiatimes.com/india/edcbinia-team-expedite-extradition-of-fugitives-in-the-uk/articleshow/106879099.cms">Tom Tugendhat, British Minister of State Security, told Press Trust of India that,</a> "We both have legal processes that must be gone through. But the UK government is absolutely clear, we have no intention of becoming a place where those who are seeking to evade justice can hide."<a target="_blank" class="editor-rtfLink" href="https://timesofindia.indiatimes.com/india/edcbinia-team-expedite-extradition-of-fugitives-in-the-uk/articleshow/106879099.cms">In January, The Times of India reported </a>that a delegation composed of representatives from India's Central Bureau of Investigation, Enforcement Directorate, and National Investigation Agency was set to visit the UK to expedite the extradition of some of India's most wanted fugitives who had taken refuge in the UK.On the list were defense dealer Sanjay Bhandari, diamond trader Nirav Modi, and Vijay Mallya.

A $20m mansion home was built on top of a 400ft skyscraper. The tycoon owner may never get to live in it.

<ul><li>Crowds chanted “chor hai, chor hai (you are a thief)” as they spotted Mallya at the match</li><li>A similar incident occurred in January 2017. </li><li> He owes as much as ₹90 billion to a clutch of banks, led by SBI. </li></ul>Long gone are the days when liquor baron <keyword id="14678" type="PERSON" weightage="20" keywordseo="Vijay-Mallya">Vijay Mallya</keyword> would walk into cricket stadiums as an IPL team owner, welcomed with cheers. The wanted businessman who has now fled India, was booed and heckled by crowds at The Oval as he watched the India-Australia match with his family, in the UK. Crowds chanted “chor hai, chor hai (you are a thief)” as they spotted Mallya at the match. This is not the first time when Mallya, who has fraud and money laundering charges against him in India, was heckled by crowds. A similar incident occurred in January 2017 to Mallya at The Oval stadium, to watch the Champions Trophy match between South Africa and West Indies. According to NDTV reports, crowds cried “chor, chor" (thief, thief)” at him. ‘Here to watch the match’ In a video from the World Cup match, Mallya was seen surrounded by a small crowd, pushing and shoving him, as the cries grew louder. At one point, someone even shouted, “Be a man, apologize to your country,” is heard, to which Mallya mumbled an inaudible response. “I am making sure my mother doesn’t get hurt. I am here to watch the game,” Mallya told news agency ANI, adding that preparations are underway for the next hearing scheduled in July. He has been fighting India's attempts to extradite him., and try him for his financial crimes. Mallya left India in 2016 before a lookout notice was issued against the former owner of Kingfisher Airlines. He owes as much as ₹90 billion to a clutch of banks, led by SBI. Mallya was at The Oval with his son, Siddharth Mallya, and posted a photo with him. 
	<div type="twitter" handle="TheVijayMallya" handlename="Vijay Mallya" image="http://pbs.twimg.com/profile_images/827708603/Copy_of_VJM_4_normal.JPG" favoritecount="13452" retweetcount="1024" status="Great to watch cricket with my son and even sweeter to see India’s emphatic victory over Australia. Congratulations… https://t.co/9EKOcl9RKt" createdat="1560103246000" id="1137781597653098497"></div>



In denial Mallya had repeatedly denied fleeing the country and said he is ready to pay back the money he owes to Indian banks. The London High Court will hear his oral plea against his extradition on July 2. Earlier, the High Court had rejected his plea against the extradition order by the UK Home Office and the Westminster Court. The Enforcement Directorate (ED) had also moved the Special Prevention of Money Laundering Act court last year to get them to declare Mallya declared a “fugitive economic offender”. This will allow them to confiscate his properties estimated to be worth ₹120 billion, making it the first such case of its kind, under the new law.

Vijay Mallya and family was heckled by Indian fans at The Oval in UK

Indian government has tried several methods to bring loan defaulter <keyword id="14678" type="PERSON" weightage="100" keywordseo="Vijay-Mallya">Vijay Mallya</keyword> back to India, but to no avail. This forced the <keyword id="6357808" type="ORGANIZATION" weightage="100" keywordseo="Enforcement-Directorate">Enforcement Directorate</keyword> to think of a 21-year-old treaty, called <keyword id="507869" type="ORGANIZATION" weightage="100" keywordseo="Mutual-Legal-Assistance-Treaty">Mutual Legal Assistance Treaty</keyword> (<keyword id="513083" type="UNKNOWN" weightage="100" keywordseo="MLAT">MLAT</keyword>) to bring him back. 
 
As per an ET report, ED has written to Ministry of External Affairs (MEA), asking for MLAT to be invoked, hoping that the treaty can be used to bring Mallya back. 
 
It was only a few days back that CBI has registered a fresh case against Mallya for allegedly cheating several Indian banks of Rs 6,027 crore. 
 
The 1995 MLAT allows countries to seek "transfer of persons, including persons in custody, for the purpose of assisting in investigations or giving evidence in proceedings". 
 
Here is why India is forced to use MLAT to bring Mallya back: 
 
a) Mallya cannot be deported under UK laws because under the 1971 Immigration Act, UK does not require an individual to hold a valid passport in order to remain in the country. That means, Mallya can legally stay in Britain if his passport was valid when he entered the country. He left India on March 2 and the Indian government revoked his passport only after that, which means his passport was valid when he entered the UK. 
 
b) Extradition is possible only if Mallya is recognised as a criminal by both countries. 
 
c) Mallya can challenge India's extradition move in UK courts. 
 
<a href="http://www.fakingnews.firstpost.com/wp-content/uploads/2016/05/o-VIJAY-MALLYA-facebook.jpg">Image source</a>

MLAT, the 21-year-old treaty that could bring Vijay Mallya back to India

India’s banks can breathe a sigh of relief. On May 8th, a UK court upheld a decision by the <keyword id="6511712" type="ORGANIZATION" weightage="20" keywordseo="karnataka-debt-recovery-tribunal">Karnataka Debt Recovery Tribunal</keyword> regarding <keyword id="6360137" type="COMPANY" weightage="20" keywordseo="kingfisher">Kingfisher</keyword> tycoon <keyword id="14678" type="PERSON" weightage="20" keywordseo="Vijay-Mallya">Vijay Mallya</keyword>’s outstanding dues and maintained a worldwide freeze on his assets. The freeze will prevent Mallya from selling any assets in the England and Wales. Mallya is wanted in India for suspected fraud and money laundering. As a result, a consortium of 13 Indian banks - which includes the state-owned <keyword id="6354731" type="UNKNOWN" weightage="20" keywordseo="state-bank-of-india">State Bank of India</keyword>, IDBI Bank and Punjab National Bank - who extended loans to Mallya’s now-defunct Kingfisher Airlines will be able to to collect $1.55 billion worth of claims against his assets in the UK. The prosecution, which was representing the banks, successfully argued that Mallya “willfully defaulted” on the loans in spite of his considerable financial resources. The case reportedly marked the first time a ruling by an Indian tribunal had been registered in a UK court. Most importantly, it sets a precedent wherein a worldwide freeze can be imposed on a <keyword id="2168141" type="PERSON" weightage="20" keywordseo="Wilful-defaulter">wilful defaulter</keyword>’s assets. The ruling will also give the Indian government’s extradition proceedings against Mallya, which are expected to conclude in July 2018, a much-needed boost. To add insult the injury, the UK court has also barred Mallya’s legal team from appealing the ruling. If they wish to seek recourse, they will have no option but to directly petition the UK’s Court of Appeals. Mallya was <a href="https://www.nytimes.com/2017/04/18/business/vijay-mallya-extradition.html">arrested in April 2017 </a>on an extradition warrant over charges of defrauding his Indian creditors of $1.4 billion in loans. Currently out on bail, he has been absconding in England since March 2016 and refuses to come back to India over fears of an unfair trial. He has several cases pending against him in India over money laundering, tax evasion and credit defaults.

You Searched For "Vijay mallya extradited" and got 10 results

India just moved a step closer to securing the extradition of Vijay Mallya

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MLAT, the 21-year-old treaty that could bring Vijay Mallya back to India

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UK court allows Indian banks to collect claims worth $1.55 billion from tycoon Vijay Mallya

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