 "ED, CBI in London to bring liquor baron Vijay Mallya back to India")
A joint team of the ED and CBI is in London to seek extradition of liquor baron Vijay Mallya, sources said on Tuesday.
The five-member team, comprising three officials from Central Bureau of Investigation and two of the Enforcement Directorate, left for London on Monday.
The sources said the team would push for the extradition of Mallya, who fled to Britain in March 2016 after being pursued recovery of Rs 8,191 crore he owed to Indian banks by his now defunct Kingfisher Airlines.
The government has said that its agencies were making their best efforts to have Mallya face trial in India.
Mallya was arrested and granted bail in London last month. The next hearing of the case will be on May 17.
The Indian government had in February this year, handed over to British authorities a formal request for Mallya's extradition, saying it had a legitimate case against him on charges of financial irregularities and loan default.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app