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Mallya arrested, granted bail

April 18, 2017 8:17 pm Category: BATH CHEETH, SLIDER NEWS A+ / A-

NEW DELHI: In a major breakthrough for Indian law enforcement authorities, the Scotland Yard on Tuesday arrested absconding liquor baron Vijay Mallya in London.

Hours after being arrested by the Scotland Yard on extradition warrant and securing bail, businessman and liquor baron Vijay Mallya was on Tuesday granted bail by the Westminster Magistrates’ Court. The 61-year-old embattled business tycoon wrote on Twitter, “Usual Indian media hype. Extradition hearing in Court started today as expected”.

Mallya is wanted in several economic offences cases, including defaulting on loans worth thousands of crores of rupees. Following his arrest, the Ministry of Home Affairs has directed the CBI and ED to apply for his extradition in the IDBI bank loan fraud case. In a statement issued, the Metropolitan Police said Mallya was arrested at 9.30 am (local time) and would be produced before a Westminster Magistrate. Mallya has been granted bail by the court and the proceedings will continue.

Reacting to the development, Union Minister Jitendra Singh described it as a big success of Indian government and the finance ministry. Meanwhile, Congress spokesperson Randeep Surjewala said it was because of his party’s relentless campaign that the extradition request was submitted by the government in February.

On the other hand, former CBI Director Anil Sinha hailed Mallya’s arrest in London as a “success” of law enforcement agencies and added that efforts to bring him back would “fructify”. “It is a success of law enforcement agencies. I am confident that efforts to bring him back will fructify,” Sinha was quoted as saying by PTI.

Mallya arrested, granted bail Reviewed by on . NEW DELHI: In a major breakthrough for Indian law enforcement authorities, the Scotland Yard on Tuesday arrested absconding liquor baron Vijay Mallya in London. NEW DELHI: In a major breakthrough for Indian law enforcement authorities, the Scotland Yard on Tuesday arrested absconding liquor baron Vijay Mallya in London. Rating: 0

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