June 1, 2016 8:54 PM

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Countries must cooperate where people break law and escape: FM

Weeks after the UK declined to deport Vijay Mallya, Finance Minister Arun Jaitley today said countries must cooperate when people flee after breaking law. <br/><br/>Mr Jaitley said this at a function at India Club in Osaka, Japan. Jaitley, who arrived here this afternoon in the second-leg of his six-day investor wooing trip to Japan, said the system was not helpless and Banks are taking very tough position in order to recover their assets and investigative agencies, whenever there is a breach of law, will take laws to its own logical course. <br/><br/>Britain last month told India that it cannot deport Mallya, who had flown to London on March 2 just days before a consortium of lenders knocked on the doors of Supreme Court to recover Rs 9,431.65 crore of loan and interest, but could consider an extradition request.

June 1, 2016 8:10 PM

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Countries must cooperate where people break law and escape: FM

Weeks after the UK declined to deport Vijay Mallya, Finance Minister Arun Jaitley today said countries must cooperate when people flee after breaking law. <br/><br/>Mr Jaitley said this at a function at India Club in Osaka, Japan. Jaitley, who arrived here this afternoon in the second-leg of his six-day investor wooing trip to Japan, said the system was not helpless and Banks are taking very tough position in order to recover their assets and investigative agencies, whenever there is a breach of law, will take laws to its own logical course. <br/><br/>Britain last month told India that it cannot deport Mallya, who had flown to London on March 2 just days before a consortium of lenders knocked on the doors of Supreme Court to recover Rs 9,431.65 crore of loan and interest, but could consider an extradition request.

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