India to take all necessary steps for Mallya's extradition

Image
ANI New Delhi [India]
Last Updated : Dec 08 2017 | 7:35 PM IST

The Ministry of External Affairs (MEA) on Friday said that India would take all necessary steps to ensure liquor baron Vijay Mallya's extradition from the United Kingdom.

"Hearing in the extradition case against Vijay Mallya has began at the Westminster Magistrates' court. And as in any court proceedings, there will be submissions both from defence and prosecutions," MEA spokesperson Raveesh Kumar said.

"The Governmet of India would take all necessary steps to ensure that we do not lag behind our efforts towards extradition of Mallya to India," he added.

The extradition trial of Mallya, who is wanted in India for financial irregularities involving a total amount of Rs 9,000 crore as well as money laundering, began at the London's Westminster court on December 4, wherein Britain's Crown Prosecution Service (CPS) outlined the Indian government's case against him.

The Indian government through CPS has been contending in the court that liquor baron had misled banks back home with regard to his company's net worth while seeking loan totalling around Rs 2,000 crore.

A four-member CBI and Enforcement Directorate team from India also attended the court proceedings.

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.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Dec 08 2017 | 7:35 PM IST

Next Story