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India asks UK court to extradite tycoon Vijay Mallya on fraud charges

Reuters  |  LONDON 

By Michael HoldenLONDON (Reuters) - India asked a London court on Monday to extradite tycoon Vijay Mallya to face fraud charges of palming off losses from his failing Kingfisher Airlines onto a state-owned bank.Mallya denies any wrongdoing, and a court document showed his lawyers planned to argue that the case against him was politically motivated and aimed at quelling public anger in India over the accumulation of bad debts by state lenders.Mallya, 61, has had business interests ranging from aviation to liquor. He is also the co-owner of the Formula One motor racing team Force ...

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First Published: Mon, December 04 2017. 23:30 IST