May 2, 2017 8:34 PM

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CBI, ED officials reach London to expedite extradition of Vijay Mallya

A team of officials from the CBI and the Enforcement Directorate, ED, have reached London for discussions on the extradition of liquor baron Vijay Mallya. Agency sources said, a four-member team led by CBI Additional Director Rakesh Asthana will apprise British authorities of the finer points of the loan default cases against Mallya.<br/><br/>Mallya's extradition is now before the British court. The agencies' move to send a team to London is aimed at presenting a strong case for the extradition of the flamboyant business tycoon before the British court.<br/><br/>The 61-year-old was arrested by British authorities last month on India's extradition request in connection with loan default case. He was released on bail within hours by a London court which has fixed 17th of this month as the next date of hearing. Mallya, whose now-defunct Kingfisher Airlines owes more than nine thousand crore rupees to various banks, had fled India in March last year. The CBI has two cases against him – one related to the IDBI Bank case and the other related to a loan default of over six thousand crore rupees filed on the basis of a complaint from a State Bank of India led consortium.

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