New Delhi: Indian government’s efforts to extradite Vijay Mallya has entered a crucial phase, with the final hearing in UK court scheduled for today.
The hearing is set to kick off at 2.30 pm IST.
The prosecution and the defence will present their concluding remarks in front of the chief magistrate at the Westminster Magistrates Court in London.
Embattled liquor tycoon Vijay Mallya will return to Westminster Magistrates’ Court in London today for closing arguments in his extradition trial. Mallya, who has attended almost every hearing, suffered legal setback in a separate court case related to debt recovery brought by 13 banks.
The 62-year-old former Kingfisher Airlines boss, who has been on bail on an extradition warrant since his arrest in April last year, is fighting extradition to India on charges of fraud and money laundering amounting to around Rs 9,000 crores.
Case nearing end but unlikely to end soon
At the last hearing in the case on April 27, the Central Bureau of Investigation (CBI) had received a boost in the case as Judge Arbuthnot confirmed that the bulk of the evidence submitted by the Indian authorities will be admissible in the case.
The case is on the verge of conclusion, but the Mallya story is unlikely to end anytime soon.
There is the option to appeal in the high court and the Supreme court, and depending on the timing.
Mallya, ‘poster boy’ of bank default
Last month, after a prolonged period of silence, Mallya had issued a lengthy media statement, labelling the CBI and Enforcement Directorate (ED) charges against him as “untenable and blatantly false”.
“I have become the ‘Poster Boy’ of bank default and a lightning rod of public anger,” Mallya said.
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