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Centre to take all steps to ensure Vijay Mallya's extradition and trial : Venkiah Naidu

by IBNS 19 Apr 2017, 09:00 am

New Delhi, Apr 19 (IBNS) : A day after liquor baron Vijay Mallya was arrested and then granted bail in London, Union Minister Venkaiah Naidu on Wednesday said that the Government will take all measures for his extradition for trial in India, media reports said.

Naidu also ensured that the Government would put a pressure on UK Government to ensure Mallya's return free from all legal hassles.

 Mallya had left the country on March 2 last year and has been living in the US since then.

He owes about Rs 10,000 crore to a consortium of banks led by the State Bank of India. The money was taken as loan for the now-defunct KingFisher Airlines, of which Mallya was the Chairman.

Mallya is  wanted by CBI and Enforcement directorate in the loan default case. 

He  was declared a wilful defaulter in 2016 for not being able to re-pay a sum related to Kingfisher Airlines that was grounded in 2012.