Force India F1 Team Boss Arrested In London

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"The two governments are in touch in this context". The 61-year-old fugitive liquor baron claimed he was in court as part of a judicial process over India's extradition request.His reaction was uncannily similar to the stance he adopted a good 32 years ago, when he was arrested for violating Foreign Exchange Regulation Act in Bengaluru.

In case of a warrant, the person is arrested and brought before the court for preliminary hearing followed by an extradition hearing before a final decision is taken by the secretary of state.

Mallya had earlier taken a swipe at the media, accusing it of "hyping" his arrest and blowing things out of proportion.

India had asked Britain to extradite Mallya to face trial after the liquor and aviation tycoon fled there last March after banks sued to recover about Rs90bn ($1.4bn) that Indian authorities say Kingfisher owes.

The banks had been able to recover only Rs 155 crore. He has been on the wilful defaulter's list since 2015 and was being probed by the Central Bureau of Investigation (CBI) for defaulting on loan repayments worth over Rs 9000 crores.

"CBI officials that Zee Business spoke to, said, "Vijay Mallya has been arrested on the request of CBI on February 8, 2017", adding", CBI had sent a formal extradition request on IDBI bank loan case. A Metropolitan Police statement said officers from the Extradition Unit arrested Mallya on an extradition warrant from India. He was arrested at about 3 pm IST.

Why did CBI not arrest Mallya and attach his properties at the time of registration of FIR on 29/7/2015 itself preventing his escape?

Finance Minister Arun Jaitley had made a case for extradition of Mallya when British Prime Minister Theresa May dropped in on a meeting between him and his United Kingdom counterpart in London last month. "It was a voluntary action".

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BJP spokesman G V L Narasimha Rao said the Mallya's arrest was a demonstration of the Prime Minister's committement to bring the corrupt to book.

At the hearing, the judge must be satisfied that the person's conduct amounts to an extradition offence, none of the bars to extradition apply and there is prima facie evidence of guilt.

Under Article 9 of the extradition treaty, Mr. Mallya has recourse to several grounds to oppose India's request for his custody.

The Enforcement Directorate in March and April 2016 issued a number of summons against Mallya to appear before it but he failed to do so.

Last month, Britain cleared India's request to extradite Mallya to India after special request from the Ministry of External Affairs, Union Finance Minister Arun Jaitley and his ministry.

"We will definitely work to bring him back to the country". Congress communication department head Randeep Surjewala said. Within hours, a court granted him bail.

Karthikeyan also asserted if this kind of cases increased, then people would stop trusting the government. India on the other hand have a tough case on hand where it will have a variety of issues to prove apart from convincing the courts and authorities in the UK. Kingfisher Airlines, sharing its name with UB's flagship beer label, collapsed in 2013, having dropped from one of India's largest air carriers to one of its smallest, and had its government permits revoked.

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