AP/PTI Photo Liquor baron Vijay Mallya, who is wanted in India for defaulting on loans worth Rs 9,000 crore, was arrested in London on Tuesday but was granted bail soon after.
#BREAKINGNEWS : #VijayMallya arrested in London in Money Laundering case pic.twitter.com/WC4KfsVKWs
— Doordarshan News (@DDNewsLive) October 3, 2017
Mallya is wanted in India for his Kingfisher Airlines defaulting on loans worth nearly Rs 9,000 crore. He fled to Britain in March last.
The flamboyant businessman, known for his lavish lifestyle, was arrested by the Scotland Yard on an extradition warrant on April 18. He was, however, released on conditional bail immediately after he provided a bail bond of 650,000 pounds.
The Indian government had given additional papers to Britain for extradition of the fugitive businessman after a British court had observed in June that Indian investigation agencies had delayed evidence against him.
