NEW DELHI: Embattled businessman and loan defaulter Vijay Mallya was arrested on Tuesday by Scotland Yard on an extradition warrant by India. He will be produced before the Westminster Magistrates’ Court later in the day.
British authorities have informed the Central Bureau of Investigation (CBI) about the arrest.
Vijay Mallya was later granted bail , according to news agency Reuters which cited media reports.
India had given a formal extradition request for Mallya as per the Extradition Treaty between India and the UK through a note verbale on February 8.
While handing over the request, India had asserted that it has a “legitimate” case against Mallya and maintained that if an extradition request is honoured, it would show British “sensitivity towards our concerns”.
Last month, setting in motion the process of extradition of Mallya, the British government had certified India’s request and sent it to a district judge for further action.