Liquor tycoon Vijay Mallya loses his High Court appeal in UK against his extradition order to India. Mallya is wanted in India to face charges of financial offences amounting to Rs 9,000 crore borrowed by his now-defunct Kingfisher Airlines (KFA) from several Indian banks.
He was ordered to be extradited to India back in December 2018 on a request from the Indian government that has accused him of “knowingly misrepresenting” the profitability of his companies when he sought bank loans in 2009.
Lord Justice Stephen Irwin and Justice Elisabeth Laing, the two-member bench at the Royal Courts of Justice in London presiding over the appeal, dismissed the appeal in a judgment handed down remotely due to the current coronavirus lockdown.
"We consider that while the scope of the prima facie case found by the SDJ [Senior District Judge] is in some respects wider than that alleged by the Respondent in India [Central Bureau of Investigation (CBI) and Enforcement Directorate (ED)], there is a prima facie case which, in seven important respects, coincides with the allegations in India," the judges ruled.
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