- Thursday, April 25, 2024
By: Eastern Eye Staff
India will seek to extradite indebted tycoon Vijay Mallya, the country’s finance minister said on Wednesday, after Britain turned down its request to deport him. Arun Jaitley told parliament that Britain had refused to deport Mallya, who left India owing $1.34 billion (£930 million) , because he entered the country on a valid passport, even though it was later revoked. The 60-year-old beer baron, once dubbed the King of Good Times for his lavish lifestyle, is being chased by a group of lenders over unpaid loans made to his collapsed carrier, Kingfisher Airlines. He faces a money-laundering probe by India’s…
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