• Thursday, October 06, 2022

Business

Mallya extradition trial hearing inconclusive

Vijay Mallya on Tuesday (8) lost a major case after a UK court ruled in favour of Indian banks seeking to collect more than $1.55 billion from him.

By: Sarwar Alam

Embattled liquor baron Vijay Mallya, wanted in India on charges of fraud and money laundering allegedly amounting to around £1 billion, on Thursday (11) appeared in court in London for his extradition trial but the hearing was inconclusive as the defence is yet to complete its arguments. The 62-year-old was back in the dock at Westminster Magistrates’ Court as his defence team sought to argue against the admissibility of much of the evidence presented by the Indian government. The hearing was expected to be one of the final hearings in the case but it remained inconclusive as the defence is…

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