UK approves tycoon Mallya’s extradition to India

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UK approves tycoon Mallya's extradition to India

UK approves tycoon Mallya’s extradition to India

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FILE PHOTO – Vijay Mallya leaves after his extradition listening to at Westminster Magistrates Court, in London, Britain, December 10, 2018. REUTERS/Peter Nicholls

(Reuters) – The British executive has signed an order for Indian liquor and aviation tycoon Vijay Mallya to be extradited to India, the UK’s Home Office stated in a commentary on Monday.

Indian government had been making an attempt to extradite Mallya to India after the cave in of his defunct Kingfisher Airlines. He moved to Britain in March 2016.

A court docket in India arrange below anti-money laundering regulations declared Mallya a “fugitive economic offender” closing month, paving the best way for the Indian executive to snatch his property, in accordance to Reuters spouse ANI.

The UK executive’s Monday order follows a London court docket’s ruling in December that Mallya be extradited to India to face fraud fees.

Mallya, additionally the co-owner of the Formula One motor racing workforce Force India which went into management in July, has denied any wrongdoing and says the case towards him is politically motivated.

Indian Prime Minister Narendra Modi’s executive had cleared “one more step to get Mallya extradited,” Finance Minister Arun Jaitley wrote on Twitter overdue on Monday.

“While we welcome the UK Government’s decision in the matter, we await the early completion of the legal process for his extradition,” a central authority supply stated on Monday.

Earlier on Monday, the Times of India paper reported information of the UK executive’s order to extradite Mallya.

Reporting by way of Mekhla Raina in Bengaluru; Additional reporting by way of Nidhi Verma in New Delhi; Editing by way of Sai Sachin Ravikumar

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