Embattled liquor baron Vijay Mallya was “re-arrested” on Tuesday in a money laundering case filed by the enforcement directorate of India before being released on a 650,000 pounds bail by a court here.
The 61-year-old flamboyant businessman, already out on bail on an extradition warrant executed by the Metropolitan Police earlier this year, was released on the same bail conditions as before to appear for his extradition hearing on December 4.
Speaking outside the Westminster magistrates’ court, Mallya said he has “done nothing wrong” and described the allegations against him as “fabricated”.
The UK’s crown prosecution service, which is arguing the case against Mallya on behalf of the Indian authorities, told the court the new charges were “supplemental” to the earlier fraud charges against him.
The new case gives evidence of the destination of the allegedly fraudulently obtained funds, some of which they claim may have landed in the Formula One team – Force India. “It is essentially about the ultimate destination of the funds... some of which we believe ended up in Force India Formula One,” said CPS barrister Mark Summers.
The previous fraud charges relate to Mallya’s now-defunct Kingfisher Airlines owing over Rs 9,000 crore to various Indian banks.
After being on the run for over a month, Honeypreet Insan, adopted daughter of the jailed Dera Sacha Sauda chief, was arrested on Tuesday by the Haryana Police in connection with the violence that
Security forces foiled a pre-dawn attempt by the Jaish-e-Mohammed to storm a BSF camp near the high-security Srinagar airport on Tuesday, killing all three militants in an operation that also claim
Bahujan Samaj Party leader Rajesh Yadav was shot dead outside an Allahabad University hostel on Tuesday, prompting an angry reaction from his supporters who torched a bus, the police said.
Ahead of Diwali, the government may announce a scheme to sell dal (lentils) at Rs 50 a kg to states this week. The Centre is likely to bear a subsidy of about Rs 450 crore.