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Published: Пт, Февраля 10, 2017
Health | By Constance Griffith

United Breweries asks Mallya to step down from board

United Breweries asks Mallya to step down from board

"We have today handed over the request for extradition of Vijay Mallya as received from the CBI to the UK High Commission in New Delhi". According to one of the articles of the UK-India treaty, the person to be extradited can put up his defense claiming that he is being falsely charged as the real intention is to harass him.

A CBI official said the agency's Mumbai branch had issued a court order regarding Mallya's extradition last week and it was later handed over to the External Affairs Ministry through legal channels.

The once-flamboyant businessman fled to London past year after banks sought to recover more than $1 billion in loans that Mallya's now-grounded Kingfisher Airlines owes them.

The foreign ministry said it lodged a formal request with the British High Commission in New Delhi after investigators demanded that Mallya be brought home to face charges of financial fraud and defaulting on loans.

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The government first suspended the liquor baron's passport and then revoked it in April 2016, as it had found his reply to a notice served by the MEA unsatisfactory.

Mallya, once dubbed the "king of good times" and known for his flashy lifestyle, left the country on March 2 after calls for his arrest.

The UK then advised India to seek extradition of the flamboyant tycoon, instead of insisting on deportation. Sources said the MEA is only a nodal Ministry to send the extradition request and Mallya's return depends on how strong the CBI charge sheet is and it is yet to be seen whether the United Kingdom will expedite his return or continue to shelter him.

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