December 5, 2017 6:46 AM

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Mallya has case of fraud to answer, UK court told

The extradition trial of Vijay Mallya, wanted in India on charges of nine thousand crore rupees fraud and money laundering begun at a court in London, UK yesterday. The prosecution asserted that the embattled liquor baron had a "case of fraud" to answer. <br/><br/>The trial started with the Crown Prosecution Service, arguing on behalf of the Indian government, presenting its opening arguments in the case which focused on loans totalling around two thousand crore rupees sought by the erstwhile Kingfisher Airlines from a consortium of Indian banks. <br/><br/>It concluded the opening day's proceedings by asserting that they had "shown by virtue of evidence a prima facie case" against Mallya and the hearing should now move to the next phase of whether there were any "bars to extradition". <br/><br/><br/>A four-member CBI and Enforcement Directorate team from India arrived at the court ahead of the trial.<br/><br/>Mallya, who has been out on bail since Scotland Yard executed an extradition warrant in April this year, will be in the dock for the duration of the trial scheduled to end on December 14.

December 5, 2017 2:20 AM

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Mallya has case of fraud to answer, UK court told

The extradition trial of Vijay Mallya, wanted in India on charges of Rs 9,000 crores fraud and money laundering, began at a UK court in London with the prosecution asserting that the embattled liquor baron had a "case of fraud" to answer.<br/>'<br/>The trial began with the Crown Prosecution Service (CPS),<br/>arguing on behalf of the Indian government, presenting its<br/>opening arguments in the case which focused on loans totalling<br/>around Rs 2,000 crores sought by the erstwhile Kingfisher<br/>Airlines from a consortium of Indian banks.<br/><br/>It concluded the opening day's proceedings by asserting that they had "shown by virtue of evidence a prima facie case" against Mallya and the hearing should now move to the next phase of whether there were any "bars to extradition".'<br/>'<br/>A four-member CBI and Enforcement Directorate (ED) team<br/>from India had also arrived at the court ahead of the trial.<br/>'<br/>Mallya, who has been out on bail since Scotland Yard<br/>executed an extradition warrant in April this year, will be in<br/>the dock for the duration of the trial scheduled to end on December 14.

December 5, 2017 2:19 AM

printer

Mallya has case of fraud to answer, UK court told

The extradition trial of Vijay Mallya, wanted in India on charges of Rs 9,000 crores fraud and money laundering, today began at a UK court in London with the prosecution asserting that the embattled liquor baron had a "case of fraud" to answer.<br/>'<br/>The trial began with the Crown Prosecution Service (CPS),<br/>arguing on behalf of the Indian government, presenting its<br/>opening arguments in the case which focused on loans totalling<br/>around Rs 2,000 crores sought by the erstwhile Kingfisher<br/>Airlines from a consortium of Indian banks.<br/><br/>It concluded the opening day's proceedings by asserting that they had "shown by virtue of evidence a prima facie case" against Mallya and the hearing should now move to the next phase of whether there were any "bars to extradition".'<br/>'<br/>A four-member CBI and Enforcement Directorate (ED) team<br/>from India had also arrived at the court ahead of the trial.<br/>'<br/>Mallya, who has been out on bail since Scotland Yard<br/>executed an extradition warrant in April this year, will be in<br/>the dock for the duration of the trial scheduled to end on December 14.

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