Vijay Mallya could face further charges in India, lawyers tells United Kingdom court

Hindustan Times via Getty Images
Hindustan Times via Getty Images
Author

14 June, 2017

"If you do so, you will be back in custody, she told the 61-year-old boss of the now-defunct Kingfisher Airlines".

He had attended a central London police station for his arrest and was released on conditional bail a few hours later after providing a bail bond worth 650,000 pounds, assuring the court of abiding by all conditions associated with extradition proceedings, such as the surrender of his passport and a ban on him possessing any travel documents.

Vijay Mallya, the co-owner of Formula One team Force India, could face further charges and a second request to extradite him from Britain to India, a London court heard on Tuesday.

"I don't know its contents", Watson said.

Vijay Mallya had been involved in numerous cases of financial defaults since 2012, which include a loan default of Rs 9,000 crore lent to his company by a 17-bank consortium.

Mallya owes as much as Rs. 9,000 crore to Indian banks.

Mallya has repeatedly dismissed the charges against him.

"I deny all allegations that have been made and I will continue to deny them", he told reporters as he arrived at the court. The next hearing has been set for July 6. The full extradition hearing was provisionally listed to start on December 4 and to last two weeks.

Vijay Mallya extradition case: Beleaguered liquor baron Vijay Mallya was granted bail by Westminster Magistrates' Court in London in connection with an extradition case against him. According to the media report, Aaron Watkins, who is representing India, admitted that the Crown Prosecution Service required an additional three-four weeks time to receive evidence from India for Mallya's extradition.

That ruling can be challenged in a higher court before being passed to the Home Secretary (interior minister) for approval.


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