India canceled Mr. Mallya’s passport in April 2016, after a court in Mumbai issued a warrant for his arrest,
and on Tuesday, the Metropolitan Police in London said its extradition unit had arrested Mr. Mallya “on behalf of the Indian authorities in relation to accusations of fraud.” Mr. Mallya was scheduled to appear at a London court on Tuesday, the police said in a statement.
Vijay Mallya, Indian Tycoon Accused of Fraud, Is Arrested in London -
By AMIE TSANG and HARI KUMARAPRIL 18, 2017
LONDON — Vijay Mallya, the Indian tycoon who called himself the King of Good Times, was arrested in London on Tuesday,
having fled his home country more than a year ago under an avalanche of unpaid bills and allegations of fraud.
According to the British Home Office, arrest warrants are issued in response to extradition requests only if such requests are certified by officials
and then sent to a court for the warrant to be issued.
If the judge in Mr. Mallya’s extradition hearing approves the request for him to be
sent back to India, then it is sent to Britain’s home secretary for final approval.
Santosh Kumar Gangwar, an Indian finance minister, told reporters
that the country’s authorities were “ascertaining the facts and trying to find out how to bring him back to our country and start legal proceedings against him.”
“We will not spare him legally,” Mr. Gangwar said.