Vijay Mallya arrested in London in money laundering case, gets bail

india | Tuesday, October 3rd, 2017
Team Asianet Newsable
Highlights
  • This is the second time Mallya was arrested, gets bail
  • He was first time arrested by Scotland Yard in April
  • However, after coming out on bail he had rubbished the claims

Liquor baron Vijay Mallya was arrested in London on Tuesday in money laundering case, DD News reported. Now the businessman has already got bail. 

Former Kingfisher top boss Mallya fled to UK in March 2016 after being pursued in courts by banks seeking to recover about Rs 9,000 crore owed by his Kingfisher Airline. 

Back in April also reports had claimed that he was arrested, however, minutes after getting bail businessman Mallya had sent out a tweet where he rubbished the news . He had claimed that it was only an extradition hearing.

"Usual Indian media hype. (The) extradition hearing in Court started today as expected," Mallya had said in the tweet. 

The 61-year-old businessman, already out on bail on an extradition warrant executed by the Metropolitan Police earlier this year, will be appearing before Westminster Magistrates' Court in London this afternoon where he is expected to be bailed.  "Vijay Mallya has been arrested on money laundering charges and will be appearing in court today," a CPS spokesperson said.

The case is being probed by the ED and the central probe agency has already filed a charge sheet against him and others in a Mumbai court. The CPS will be arguing the case against Mallya on behalf
of the Indian government.

Chief Magistrate Emma Louise Arbuthnot has been hearing Mallya's extradition case at Westminster Magistrates' Court on his previous arrest warrant executed by Scotland Yard in April. Mallya's trial in that case is scheduled for two weeks, starting December 4. It remains to be seen if both cases will be clubbed together, which may lead to a delay in the trial date. 

with PTI inputs 

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