UK High court rejects Mallya's appeal against extradition

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UK High Court has dismissed the petition filed against Vijay Mallya for extradition to India in a setback to the embattled liquor tycoon who is wanted in India on alleged fraud and money laundering charges amounting to Rs 9,000 crores.

Mallya had appealed in the court that it would not be extradited India. The court dismissed Mallya's petition altogether. Vijay Mallya had filed a petition against Britain's Home Secretary Sajid Javid's decision in which he had approved the extradition of Mallya to India.

Significantly, in the case of cheating of Indian banks, Vijay Mallya fled to London in March 2016 during the investigation. The Central Government and Indian investigating agencies are constantly trying to bring Mallya back.

In December 2018, the Westminster Court of London had ruled out sending Mallya to India. After this decision the file of extradition order was sent to the Home Secretary. Now the Home Office also signed Mallya's extradition file. Mallya was given time to appeal against his extradition in the next 14 days.

Following the extradition order of the UK court, Vijay Mallya also offered to return the principal of loan from India's banks. Mallya had said many times tweeting that he is ready to return 100 percent of the original amount.

After the recent ruling of the court, it is believed that extradition of Vijay Mallya can be India as soon as possible

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