Indian Government has formally asked UK to deport Vijay Mallya, mentioning his passport and a non-bailable warrant against him. Wilful Defaulter, Vijay Mallya has been accused of defaulting loans of about Rs 9400 crore.
The Ministry of External Affairs (MEA) has written to the British High Commission seeking Vijay Mallya’s return, under the Prevention of Money Laundering Act, 2002, spokesperson Vikas Swarup told.
The Indian High Commission in the UK will also be issuing a similar note verbal to the UK Foreign and Commonwealth Office. Vijay Mallya’s passport has been revoked in last week as there is a non-bailable warrant is issued against Vijay Mallya in Mumbai.
The Enforcement Directorate has approached the MEA seeking initiation of deportation proceedings against Mallya, charged with money laundering in the Rs 900-crore IDBI loan fraud case. It has also accused Mallya-led UB Group of using Rs 430 crore loaned to Kingfisher to buy property abroad.
Creditors have rejected an offer of partial repayment by Mallya, who had given a personal guarantee for the Kingfisher loan. They have demanded that the former billionaire attend a hearing in the Supreme Court.
As per the report, Vijay Mallya is traced in Hertfordshire. The British Home Office declined to comment. A spokesman said its policy was neither to confirm nor deny that extradition requests have been made.
Vijay Mallya had left India on 2nd March 2016. The CBI is determining why and how banks, many of them state-run, supplied large loans with virtually no cover to Mr Mallya’s airline even after its financial crisis was in plain sight.
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