Politics

Vijay Mallya Arrested in London in Money-Laundering Case

The businessman is currently out on bail on an earlier extradition warrant executed by Scotland Yard on behalf of Indian authorities in April.

Vijay Mallya arrested in London. Credit: PTI

Vijay Mallya arrested in London. Credit: PTI

London: Beleaguered liquor baron Vijay Mallya has been arrested in a second money-laundering case filed by the Enforcement Directorate, the UK’s Crown Prosecution Service (CPS) said today.

The 61-year-old flamboyant 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.

“We have received reports that Vijay Mallya has been arrested by the UK Police and thereafter produced in court for bail proceedings. This arrest was pursuant to the Extradition request made by the GoI based on money laundering charges against him. The UK Police had earlier arrested Mallya on 18 April 2017 on separate charges of fraud,” sources in the Indian Ministry of External Affairs said.

Mallya has been released on the same bail conditions as the one granted in April 2017.

Mallya’s trial in that case is scheduled for two weeks, starting December 4.

The embattled businessman, who has been based in the UK since he fled India in March last year, is wanted in India for his erstwhile Kingfisher Airlines’ default on loans worth nearly Rs 9,000 crore.

It remains to be seen if both cases will be clubbed together, which may lead to a delay in the trial date.

Mallya had earlier been arrested by Scotland Yard on an extradition warrant on behalf of Indian authorities on April 18th.

(With PTI inputs)