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India hands over extradition request of Vijay Mallya to British High Commission

Vijay Mallya Owes Banks At Least $1 Billion, Fleeing To Britain Last March As Pressure Grew From Banks To Pay Back The Loans.

News Nation Bureau | Edited By : Saurabh Kumar | Updated on: 09 Feb 2017, 06:08:19 PM
Vijay Mallya

New Delhi:

India on Thursday handed over a request for the extradition of liquor ban Vijay Mallya to the British High Commission.

“We have today handed over the request for extradition of Vijay Mallya as received from the CBI to the UK High Commission in New Delhi. We have requested the UK side to extradite him to face trial in India,” said Vikas Swarup, the official spokesperson of the ministry.

He owes banks at least $1 billion, fleeing to Britain last March as pressure grew from banks to pay back the loans.

Earlier on Thursday, United Breweries fired indebted Mallya from his non-executive chairman role following an order from the country’s market regulator, it said in a stock exchange filing late Wednesday.

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First Published : 09 Feb 2017, 06:03:00 PM