Mallya arrested in London, to be produced before the Westminster Magistrates’ Court
London: Liquor baron Vijay Mallya, wanted in India for defaulting on bank loans, has been arrested here, informed sources said on Tuesday.
He will be produced before the Westminster Magistrates’ Court later in the day.
British authorities have informed the Central Bureau of Investigation (CBI) about the arrest.
India had given a formal extradition request for Mallya as per the Extradition Treaty between India and the UK through a note verbale on February 8.
Mallya was taken into custody by Scotland Yard and could be extradited to India, the sources said.
Sources said that British authorities have informed the Central Bureau of Investigation (CBI) about the arrest.
Mallya went to Britain in March 2016 after being pursued in courts by banks seeking to recover about Rs 9,000 crore owed by his Kingfisher Airline. Despite multiple injunctions, he has failed to appear before investigators at the Enforcement Directorate in connection with a probe under the Prevention of Money Laundering Act (PMLA).
The extradition process from the UK involves a number of steps including a decision by the judge whether to issue a warrant of arrest. In case of a warrant, the person is arrested and brought before the court for preliminary hearing followed by an extradition hearing before a final decision is taken by the secretary of state.
The wanted person has a right to appeal to the higher courts against any decision all the way up to the supreme court.