United Kingdom court orders extradition of former Kingfisher boss Vijay Mallya

Vijay Mallya,extradition process,Court of Appeals

Westminster Magistrates' Court Chief Magistrate Emma Arbuthnot ruled that there was no evidence which allowed her to find that if extradited, Mallya was "at real risk of suffering a flagrant denial of justice" or that "the prosecution is politically motivated".

Arbuthnot decreed Mallya had made "misrepresentations" to Indian banks in respect of the prospects of KFA making profits, in "meeting short-term challenges", the value of the Kingfisher brand and utilised loans given to the airline in an unauthorised manner.

Mallya, 62, strongly rejects any...

One of the main grounds that several persons place before the United Kingdom court while trying to avoid extradition are the jail conditions in India.

On December 5, Mallya had made a "humble request" to the Indian officials to accept his offer to pay back the "100 per cent" of the principal amount of loans he owed to various banks.

Mallya left India in March 2016 owing more than US$1 billion after defaulting on loan payments to a state-owned bank and allegedly misusing the funds.

He remains on bail on an extradition warrant executed by the Scotland Yard past year on fraud and money laundering charges.

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His monetary affairs are being investigated by India's Central Bureau of Investigation and the Enforcement Directorate, which handles financial crimes.

"I did not borrow a single rupee".

Mallya, the chairman of the UB Group, is wanted in his home country over debts incurred by his defunct Kingfisher Airline.

"Wherever I am physically, my appeal is "please take the money". The interior minister's decision can also be appealed to the High Court and ultimately the Supreme Court. Due to which, he added, "losses mounted and that's where banks' money went". "Being held as guarantor is not fraud", he said in his recent Twitter post on the issue.

Here are minute-to-minute details of the hearing in the case.

The court was also told that a consortium of Indian banks, led by State Bank of India (SBI), had rejected an offer by the liquor baron in early 2016 to pay back almost 80 per cent of the principal loan amount owed to them.

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