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Vijay Mallya's extradition cleared by UK govt., another major breakthrough for Modi led BJP ahead of 2019 polls

Speed News Desk | Updated on: 4 February 2019, 22:50 IST
Vijay Mallya

In a major breakthrough for the Modi government, the UK Home Secretary has approved the extradition of fugitive economic offender Vijay Mallya.

Earlier, the Westminster Magistrates’ Court had ordered Vijay Mallya’s extradition on December 9, 2018.

Reacting to the development, Union Minister Arun Jaitley tweeted that while "Modi government clears one more step to get Mallya extradited", the Opposition "rallies around the Saradha Scamsters.”

Vijay Mallya is wanted in India for defaulting on loans amounting to Rs 9,000 crore after his promoted company Kingfisher Airlines went bankrupt. The Central Bureau of Investigation (CBI) has today welcomed the move against the fugitive tycoon.

The 62-year-old businessman Mallya is currently on bail since his arrest on extradition warrant in April 2017.

Earlier this year, a Prevention of Money Laundering Act court had clearly declared Vijay Mallya as fugitive economic offender, interestingly making him the first person to be declared under this newly formed law.

Also read: Mamata vs Center: Amid CBI fiasco with CM Mamata Banerjee, Union Minister hints 'Presidential rule in 

First published: 4 February 2019, 22:50 IST
 
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