Important decision on Vijay Mallya today, London Court to decide if he is coming to India
Will Vijay Mallya be extradited to India? London court may deliver verdict today; embattled liquor tycoon Vijay Mallya is wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crore
New Delhi, Dec 10: Embattled liquor tycoon Vijay Mallya, wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crore, is scheduled to return to the Westminster Magistrates' Court on Monday when his extradition trial is listed for a judgment hand-down.The 62-year-old former Kingfisher Airlines boss has been on bail since his arrest on an extradition warrant in April last year.He has contested his extradition on the grounds that the case against him is "politically motivated" and the loans he has been accused of defrauding on were sought to keep his now-defunct airline afloat."I did not borrow a single rupee. The borrower was Kingfisher Airlines. Money was lost due to a genuine and sad business failure. Being held as guarantor is not fraud," he said in his recent tweet."I have offered to repay 100 per cent of the principal amount to them. Please take it," the flamboyant businessman tweeted earlier.While dismissing that his intervention has anything to do with the extradition case, it came just days before Judge Emma Arbuthnot was expected to present her ruling in the case.The trial, which opened at the Magistrates' Court on December 4 last year, has gone through a series of hearings beyond the initial seven days earmarked for it.If the judgment goes ahead as scheduled on Monday, it would mark a significant point in this high-profile extradition trial that has lasted over a year.