India seeks deportation of billionaire businessman from Britain
Xinhua, April 29, 2016 Adjust font size:
The Indian government has asked Britain to deport Vijay Mallya, the former head of collapsed Kingfisher Airline, who is wanted in India for over a billion U.S. dollars in unpaid loans.
Mallya, who fled out of India last month, is believed to be in Britain.
"The Ministry has written to the High Commission of United Kingdom in Delhi, requesting the deportation of Shri Vijay Mallya so that his presence can be secured for investigations," India's External Affairs ministry spokesperson Vikas Swarup told a press briefing on Thursday.
India last week revoked Mallya's passport after a Mumbai court issued non-bailable arrest warrant against him over money laundering allegations related to his defunct Kingfisher Airline.
Mallya is a member of the Indian parliament.
Describing himself as victim of "media witch hunt," he has denied any "wrongdoing" and insisted that he was not absconding.
Reports said Mallya has spoken via video-conference to a consortium of 18 banks on different occasions showing his willingness to pay part of loan. However, the banks have rejected his repayment options and said he must negotiate with them in person, and increase the amount to clear his debt.
Mallya made his fortune selling beer and subsequently invested in aviation and sporting arenas, including Formula One racing and star-studded Indian Premier League cricket.
Reports said his debts were mainly incurred by the failure of his airline. Endit