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Mallya arrested in London faces extradition
Force India chief Vijay Mallya has been arrested in London on an extradition request from India, where he is accused of fraud, British police said on Tuesday. 'Vijay Mallya, 61, was arrested on behalf of the Indian authorities in relation to accusations of fraud,' the police said in a statement. He will appear in court in London later Tuesday, the statement said. The flamboyant financier secretly fled India in March 2016 owing more than $1 billion after defaulting on loan payments to state-owned banks and allegedly misusing the funds. India submitted an extradition request to Britain in early February after investigators demanded that Mallya be brought home to face charges. His financial...
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8y ago from GrandPrix247.com
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