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Vijay Mallya can be extradited to India, London court rules

December 11, 2018 5:04 am

Indian business tycoon Vijay Mallya

Indian business tycoon Vijay Mallya can be extradited from the UK to India where he faces fraud charges, a London court has ruled.

The extradition ruling will be passed to the Home Secretary for approval.

Mr Mallya, whose business empire once included Kingfisher beer, left India in March 2016 after defaulting on debts of more than $1bn (£785m).

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He denies “fleeing” from India, and says he made an “unconditional” offer to pay back the sum in full in July.

Mr Mallya attended Westminster Magistrates Court for the hearing.

Following the hearing, Mr Mallya declined to say if he would appeal against the ruling.

My legal team will be reviewing the judgment in detail and determining the next steps forward”.