Vijay Mallya loses UK High Court appeal, clock set for extradition
Embattled liquor baron Vijay Mallya lost a crucial appeal against his extradition to India on Monday, with the UK High Court ruling that the ex-boss of Kingfisher Airlines did have a prima facie case to answer in the Indian courts over the alleged Rs 9,000-crore fraud associated with loans sought from Indian banks for his now defunct airline.
The dismissal of the High Court appeal effectively clears the decks for Mallya’s extradition to India to face the charges in the Indian courts, with 14 days for him to apply for permission to appeal to the UK Supreme Court.
