Politics

Mockery of Modi Govt: Vijay Mallya Arrested and out on Bail

Liquor baron Vijay Mallya was arrested in London for the second time this year, in a case of money laundering earlier in the day. Earlier, he was let out on bail after his arrest in April following India’s extradition request. Today after the arrest, he was again immediately out on bail making a mockery of India Government’s efforts.

[m9ad]

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After defaulting on loans worth thousands of crores in India, Vijay Mallya is staying in the United Kingdom for more than a year now. A group of banks is trying to recover more than Rs. 9,000 crore loaned to him for his now-collapsed Kingfisher Airlines.

India has made an extradition request in February to Britain to send back the businessman to face trial. He will be trialed in British Courts to decide the merits of the extradition request of the Indian Government.

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Sridhar Raavi

Sridhar is a highly experienced hand in Telugu politics, writing and analyzing political happenings in Andhra Pradesh and Telangana. An IT engineer turned news junkie, Sridhar has a sharp eye for catching news as it u…

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