- Sputnik International
Asia
Find top stories and features from Asia and the Pacific region. Keep updated on major political stories and analyses from Asia and the Pacific. All you want to know about China, Japan, North and South Korea, India and Pakistan, Southeast Asia and Oceania.

Indian Billionaire to Appeal After UK Approves New Delhi's Extradition Request

© AP Photo / Matt DunhamF1 Force India team boss Vijay Mallya arrives for a hearing for his extradition case at Westminster Magistrates Court in London, Friday, April 27, 2018
F1 Force India team boss Vijay Mallya arrives for a hearing for his extradition case at Westminster Magistrates Court in London, Friday, April 27, 2018 - Sputnik International
Subscribe
Vijay Mallya, the owner of the now-defunct Kingfisher Airlines, is accused in India of fraud, money laundering and violating the country’s foreign exchange rules.

In a major development, UK Home Secretary Sajid Javid has approved the extradition of billionaire Vijay Mallya to India.

"On 3 February the secretary of state, having carefully considered all relevant matters, signed the order for Vijay Mallya's extradition to India. Vijay Mallya is accused in India of conspiracy to defraud, making false representations and money laundering offences," a UK Home Office spokesperson said.

READ MORE: Corruption Back in Indian Election Narrative With British Middleman in Custody

The Westminster Magistrate Court earlier forwarded the extradition case to the home secretary on 10 December.

India had made a formal request to the UK government to extradite Mallya in February 2017 based on charges set out by Central Bureau of Investigation (CBI), which has long accused him of financial fraud.

However Vijay Mallya is defiant and recently announced his intention to appeal. 

"After decision was handed down on Dec, 10, 2018 by Westminster Magistrate Court, I stated my intention to appeal. I couldn't initiate appeal process before a decision by home secretary. Now I will initiate the appeal process," Vijay Mallya said in a tweet.

Meng Wanzhou, Chief Executive Officer, Huawei Technologies, attending the 6th Annual VTB Capital Investment Forum Russia Calling at the World Trade Center, October 2, 2014 - Sputnik International
Asia
China Urges US to Cancel Extradition Request of Huawei CFO From Canada
According to law, the businessman has 14 days to appeal to the High Court.

New Delhi is keen for Mallya's extradition and will eagerly await the outcome of his appeal. 

According to speculation, the Modi-led government are pushing for the billionaire's extradition just for "the votes."

 

#ModiGetsMallya | Just because of the votes, BJP is getting Mallya back. I really doubt the intension and the timing: Tanveer Ahmed, JD(S) National Spokesperson pic.twitter.com/pwdbysiIxG

— Republic (@republic) February 4, 2019

"We have taken note of the decision of the UK Home Secretary to sign on the order for Vijay Mallya's extradition to India. While we welcome the UK Government's decision in the matter, we await the early completion of the legal process for his extradition," a Ministry of External Affairs source said.

READ MORE: Rafale Deal Takes Center Stage in Intense Infighting in India’s Top Probe Agency

Indian businessman Vijay Mallya fled India on 2 March 2016 after defaulting on loans amounting to around $1.2 billion, which he borrowed for his now-defunct Kingfisher Airlines.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала