UK court orders Vijay Mallya's extradition, CBI says 'we welcome the verdict'

WION Web Team New Delhi, Delhi, India Dec 10, 2018, 03.51 PM(IST)

Mallya, wanted in India on charges of fraud and money laundering amounting to around Rs 9,000 crore, appeared before the Westminster Magistrates' Court in London on Monday for his extradition trial. Photograph:( Reuters )

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Mallya, wanted in India on charges of fraud and money laundering amounting to around Rs 9,000 crore, appeared before the Westminster Magistrates' Court in London on Monday. 

UK's Westminster Magistrates' Court on Monday ordered liquor baron Vijay Mallya's extradition to India.

According to reports, Mallya has 14 days to appeal his extradition in High Court. He will be extradited within a month if he loses appeal. Mallya has an option to move the European Court of Justice.

Meanwhile, the Central Bureau of Investigation (CBI) welcomed the UK court's verdict. 

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Ahead of his hearing today, Mallya said that his offer to repay the principal amount he owes to the banks is not bogus and that it is a separate issue, unrelated to his extradition. 

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Mallya, outside Westminster Magistrates' Court in London, stated that his legal team will take "proper" steps over whatever judgement will be pronounced on him, news agency ANI reported. 

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"Whatever the judgement, my legal team will reveal the judgement and take proper steps thereafter. Yes, I have tweeted saying that I want to repay, that has nothing to do with this extradition issue. It's a completely separate matter," Mallya noted. 

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Authorities at the Arthur Road prison here have kept a high-security cell ready for liquor tycoon Vijay Mallya if he is extradited from UK in connection with loan default cases against him in India, an official said Monday.

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Mallya, wanted in India on charges of fraud and money laundering amounting to around Rs 9,000 crore, appeared before the Westminster Magistrates' Court in London on Monday for his extradition trial.

The 62-year-old former Kingfisher Airlines boss has been on bail since his arrest on an extradition warrant in April last year.

If extradited, Mallya will be lodged in one of the high-security barracks located in a two-storey building inside the prison complex, which also housed 26/11 Mumbai attack terrorist Mohammad Ajmal Kasab, a prison official said.

(With inputs from PTI