Back to News

Vijay Mallya to be Extradited, Rules London Court

December 12, 2018

Vijay Mallya to be Extradited, Rules London Court

A UK court rules that Vijay Mallya who has been involved in loan frauds worth ₹9,000 crores and is wanted in India can be extradited to India to face investigations. The following are some of the key highlights of the story:

  • Mallaya told the reporters that he is considering all the legal options. 
  • He has been given 14 days to appeal, which if he does, then the hearing could take months.
  • Recently, Mallya had tweeted that he is willing to repay 100% of the principal amount to settle the case.

Important Links:

Consult a Career Advisor

Fill up the form to get in touch with us.

Recent Posts
Subsidies to Indian Farmers Much Lower in Contrast to Western Countries, Says Commerce Secretary
March 29, 2019
Transaction Monitoring Market to Grow 200% by 2023, Says Report
March 29, 2019
90% CAGR Growth Expected in Blockchain IoT Market, Could Reach 3,000 mn USD in 5 Years
March 29, 2019

Recommended for you ...

Subsidies to Indian Farmers Much Lower in Contrast to Western Countries, Says Commerce Secretary
Subsidies to Indian Farmers Much Lower in Contrast to Western Countries, Says Commerce Secretary

March 29, 2019

Transaction Monitoring Market to Grow 200% by 2023, Says Report
Transaction Monitoring Market to Grow 200% by 2023, Says Report

March 29, 2019

90% CAGR Growth Expected in Blockchain IoT Market, Could Reach 3,000 mn USD in 5 Years
90% CAGR Growth Expected in Blockchain IoT Market, Could Reach 3,000 mn USD in 5 Years

March 29, 2019

Chat on WhatsApp