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India handed over Vijay Mallya's extradition request to Britain: Vikas Swarup

India has handed over a request for the extradition of liquor baron Vijay Mallya to the British high commission in New Delhi, the external affairs ministry said on Thursday.

“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.

Liquor baron Mallya, wanted in India on charges of money laundering, is believed to be in the UK. Mallya, once dubbed the “king of good times” and known for his flashy lifestyle, left the country on March 2 after calls for his arrest. The former UB Group chairman owes more than Rs 9,000 crore to 17 banks.

The Central Bureau of Investigation (CBI) has registered a Rs 900-crore loan default case involving the 60-year-old Mallya and IDBI Bank.

The CBI has alleged that Kingfisher Airlines, which stopped operations in October 2012, diverted a substantial chunk of the loans secured from public sector banks to tax havens for purposes not specified in applications. The domestic airline was promoted by Mallya.

Source: HindustanTimes