India: Businessman Mallya’s Appeal Against Extradition Rejected by UK Court

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Liquor Baron Vijay Mallya appealed against his Extradition order to the UK Court, only to be rejected. The appeal was filed in response to the Extradition Order filed by the Central Bureau of Investigation in India, due to his involvement in loan scams and corruption.

Hours after the rejection, the Central Bureau of Investigation (CBI) said on Monday it was a “significant achievement in the continuing war against economic fugitives. It also validates the CBI’s painstaking and meticulate investigation.”

Mallya earlier in the day lost his appeal in the UK court against an order for his extradition to India on charges of fraud and money laundering. He allegedly owes Rs 9,000 crore to a consortium of Indian banks led by the SBI.

The High Court in London upheld a 2018 ruling to send him back to India on the grounds that Mallya made a number of misrepresentations leading to the 2012 collapse of his company, Kingfisher Airlines.

The former liquor tycoon had appealed to the High Court against his extradition to India at a hearing in February this year.

Lord Justice Stephen Irwin and Justice Elisabeth Laing at the Royal Courts of Justice in London dismissed the appeal in a judgment handed down remotely due to the current coronavirus lockdown.

“We consider that while the scope of the prima facie case found by the SDJ [Senior District Judge] is in some respects wider than that alleged by the Respondent in India [Central Bureau of Investigation (CBI) and Enforcement Directorate (ED)], there is a prima facie case which, in seven important respects, coincides with the allegations in India,” the judges ruled.

Mallya is being investigated by the CBI and ED in connection with the loan fraud case.

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Arushi Sana is the Co-Founder of Santerra Living, a bio-pellet factory that makes a renewable form of eco-coal and Co-Founder of NYK Daily, a global news platform. She was awarded the Times Power Women of the Year 2022, Times Digital Entrepreneur of the Year 2023, Silicon India's Top 10 Women Owned Startups of Hyderabad 2023 and IHW Council Climate Health Influencer 2024. Arushi is also a speaker for Sustainability and Entrepreneurship at various forms like the World Bank, UN International Solar Alliance and Universities, and was also invited to the UN COP28 UAE Climate Conference. She is a Sustainability Consultant for organisations looking to reduce their carbon footprint and also works with brands on social media to help them carve a presence in that niche. She holds a Degree in Computer Science Engineering from VIT University and a Diploma in Marketing Analytics from IIM Nagpur. She has previously worked in Ernst & Young and Deloitte as a Forensic Data Analyst. Arushi is a writer, political researcher, a social worker, a farmer and a singer with an interest in languages. Travel and nature are the biggest spiritual getaways for her, and she aims to develop a global community of knowledge and journalism par excellence through this News Platform.

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