Vijay Mallya arrested in London in money laundering case

Liquor baron Vijay Mallya was arrested in London today in relation to the ongoing proceedings against him in the money laundering case being pursued by India, state-run Doordarshan channel said.

New Delhi, October 3, 2017 | UPDATED 17:27 IST
Vijay Mallya.Vijay Mallya.

Liquor baron Vijay Mallya was arrested in London today in relation to the ongoing proceedings against him in the money laundering case being pursued by India, state-run Doordarshan channel said.

Mallya fled to Britain in March 2016 after being pursued for recovery of Rs 8,191 crore owed to a consortium of 17 Indian banks by his now defunct Kingfisher Airlines. He was arrested and granted bail in London on April 18 by the Scotland Yard on an extradition warrant.

The Indian government had in February this year, handed over to British authorities a formal request for Mallya's extradition, saying it had a legitimate case against him on charges of financial irregularities and loan default.

More charges are expected to be added at Westminster Magistrates' Court today, the Crown Prosecution Service has said.