Great day for India, says Jaitley on Vijay Mallya's extradition order

Image
Press Trust of India New Delhi
Last Updated : Dec 10 2018 | 6:55 PM IST

Hailing the UK court order on Vijay Mallya's extradition, Finance Minister Arun Jaitley Monday said the offender who benefited during the UPA rule is being brought to the book by the NDA government.

A UK court has ordered Mallya's extradition, in a major boost to India's efforts to bring back the fugitive wanted for loan default worth Rs 9,000 crore.

Delivering the verdict, Westminster Magistrates' Court Chief Magistrate Judge Emma Arbuthnot said that there was "no sign of a false case being mounted against him".

"Great Day for India. No one who cheats India will go scot free. The Judgement of UK's Court is welcome. An offender benefited during the UPA. The NDA brings him to book," Jaitley said in a tweet.

Mallya, who fled to the UK in March 2016, is wanted in India over default of Rs 9,000 crore that was loaned to Kingfisher Airlines (KFA) by several banks.

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 10 2018 | 6:55 PM IST

Next Story