Share this article

Facebook
Twitter
Print
Email

Vijaya Mallya’s Extradition May Happen Soon; CBI Joint Director Flew Off to London

Fugitive businessman Vijaya Mallya will face a court trial today at the Westminster Magistrates’ Court in London in accordance with the proceedings of his extradition, which is likely to happen soon as a team of officials led by the Central Bureau of Investigation (CBI)’s Joint Director S Sai Manohar left for London on Sunday to attend the crucial hearing, sources said.

Manohar will take the place of Special Director Rakesh Asthana, who had been attending the trial till now. The government had sent Asthana on forced leave, divesting him of all powers after he and CBI Director Alok Verma entered in a bitter feud. Two officials of the Enforcement Directorate are also accompanying the CBI officer, sources said. Manohar is part of the SIT earlier headed by Asthana.

Mallya faces a case of loan default to the tune of Rs 9,000 crore besides allegations of money laundering and diversion of loan funds for purposes other than they were meant for. He is in self-imposed exile in London. He left for the United Kingdom in March 2016, taking advantage of the dilution in the CBI lookout notice against him.

Mallya 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 Twitter post on the issue. “I have offered to repay 100 per cent of the principal amount to them. Please take it,” he had tweeted earlier.

The judge’s decision on whether to send Mallya’s case to UK Home Secretary Sajid Javid can be appealed with the UK High Court’s permission, with the person to be extradited entitled to make an application for permission to appeal to the High Court within 14 days of the date of the Chief Magistrate’s ruling.

RECENT NEWS

Jet Airways Chairman Naresh Goyal to Invest Up to Rs 700 Crore in Jet Airways

Jet Airways chairman Naresh Goyal is ready to invest up to Rs 700 crore in Jet Airways on the condition that his stake does not fall below 25%. Goyal’s offer comes against the backdrop of strategic partner Etihad reportedly putting forward strict conditions, including that Goyal should give up control, for infusing funds into the crisis-hit carrier.

Bihar CM Nitish Kumar Ready to Reconcile with RJD

Bihar Chief Minister Nitish Kumar on Tuesday night claimed that he has “lots of love” for Rashtriya Janata Dal (RJD) leader Tejashwi Yadav despite the “harsh words” the latter often uses.

PM Modi Lashes Out At Kerala Government for Sabarimala Mismanagement

In Kollam today for the launch of two projects, PM Modi said: “The CPM government’s conduct on Sabarimala will go down in history as the most shameful action of any government in power… We know CPM government never respected spirituality, religion… but no one thought it would turn so shameful”.

Spat Over Rafale Is On High Gear

In its response to Pune-based activist Vihar Durve who had sought the report from CAG, the country’s auditor said, “The audit is under progress and the report is yet to be finalised. The information cannot be given under Section 8(1)(C) of the RTI Act as the disclosure would cause breach of Parliament”.