|Published : 18 Apr 2017, 16:45:50 | Updated : 18 Apr 2017, 16:48:45|
Vijay Mallya arrested in London
Vijay Mallya, India's liquor baron and former chairman of United Spirits, was arrested Tuesday in London, according to CNN-News18, reports Khaleej Times.
Mallya left India on March 2, 2016 for London, days after a consortium of 17 banks moved the Debt Recovery Tribunal to hear a July 2013 petition to recover dues of Rs9,081 crore, including interest, that was loaned to his now defunct Kingfisher Airlines.
Meanwhile, India has asked UK to extradite Mallya, who is facing money laundering charges and multiple arrest warrants in the country.
The Indian government had also revoked his passport in April last year.
(compiled by Rafiqul Islam)