India sends extradition request to UK for Vijay Mallya
India sent an extradition request for liquor baron Vijay Mallya on Thursday. The request has been sent to the British high commission and the ministry for External Affairs said that it has an extraordinary treaty with the United Kingdom and there is a legitimate case against Mallya.
India wants Mallya to be extradited as he is facing multiple cases. Several courts have issued non-bailable warrants against him after banks have complained about non-payment of loans. The Central Bureau of Investigation too filed a case against Mallya and others in connection with the IBDI loan case. It may be recalled that the United Breweries had on February 8 asked Mallya to step down as its non-executive chairman following a Sebi order which barred the embattled businessman from holding directorship in any listed company.
In January, the SEBI had banned Mallya and six other officials of the USL from the securities markets in a case related to illegal fund diversions.
Last year when India had sent out an extradition request, the UK had said that the better route to be adopted was through the Mutual Assistance Legal Treaty. India however says that now that an extradition request can be sent out since a chargesheet has been filed against Mallya.