India

Vijay Mallya arrested in money laundering case

Darpan News Desk IANS, 03 Oct, 2017 11:33 AM

Fugitive Indian businessman Vijay Mallya was on Tuesday arrested in London in a money laundering case, CBI sources said.

CBI sources said that Mallya was arrested in the case pending against him.

Mallya is wanted in India for his Kingfisher Airlines defaulting on loans worth nearly Rs 9,000 crore. He fled to Britain in March last.

The flamboyant businessman, known for his lavish lifestyle, was arrested by the Scotland Yard on an extradition warrant on April 18. He was, however, released on conditional bail immediately after he provided a bail bond of 650,000 pounds.

The Indian government had given additional papers to Britain for extradition of the fugitive businessman after a British court had observed in June that Indian investigation agencies had delayed evidence against him.

Prev Next

MORE India ARTICLES

Voters Have Shown EVM Means 'Every Vote Modi', Says Yogi Adityanath

Amid opposition accusations of tampering of electronic voting machines (EVMs) to favour the Bharatiya Janata Party (BJP), Uttar Pradesh Chief Minister Yogi Adityanath said on Saturday the Delhi civic polls had proved that the EVM stands for "Every Vote for Modi".

Voters Have Shown EVM Means 'Every Vote Modi', Says Yogi Adityanath

Don’t Politicise Triple Talaq Issue, PM Modi Urges Muslim Community

Looking at the great tradition of Indian culture, I feel optimistic, and a hope runs within me, that powerful persons come from within this society itself who challenge and destroy the archaic laws and develop modern institutions

Don’t Politicise Triple Talaq Issue, PM Modi Urges Muslim Community

'Pakistani Man Who Said He Was ISI Spy Made Up Story To Settle In India'

IB sources continue interrogation of Pakistani passport-holder who identified himself as a Pakistani spy

'Pakistani Man Who Said He Was ISI Spy Made Up Story To Settle In India'

Jawan Who Killed 2 Terrorists In Kupwara Was Hit. He Went After Third

Gunner Rishi Kumar stopped the advancing terrorists, who had already killed a Captain and two other soldiers, from penetrating deeper into the camp which is located about 100 km from Srinagar.

Jawan Who Killed 2 Terrorists In Kupwara Was Hit. He Went After Third

Pakistani Man Flies In To Delhi Airport, Tells Officials He Is An ISI Agent

‘Hello, I am an ISI agent. But I don’t wish to continue any further and want to remain in India,’ said a passenger after he got off an Air India flight from Dubai at the IGI Airport here on Friday.

Pakistani Man Flies In To Delhi Airport, Tells Officials He Is An ISI Agent

Eve-Teasing A 'Disgusting Practice'; Woman Has Absolute Right To Reject Anyone: Supreme Court

Describing eve-teasing as a “disgusting practice”, the Supreme Court on Friday said no one can compel a woman to love him and she has an absolute right to reject anyone.