London: Liquor baron Vijay Mallya will be extradited to India to face trial for alleged fraud and money laundering amounting to Rs. 9,000 crore. UK Home Secretary Sajid Javid signs the order for his extradition Monday.
Mallya however has been given 14 days starting today to appeal against the UK Home Secretary's order.
A Home Office spokesperson confirmed that the UK Secretary of State, after "careful consideration", signed the order for Vijay Mallya's extradition to India.
The Westminster Magistrates' Court had in December 2018 ordered Mallya's extradition, in a major boost to India's efforts to bring back the fugitive wanted for alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores.
The court order came two days after Mallya offered to repay the loans, but without interest. Mallya reiterated his offer ahead of the hearing but stressed that it was not linked to his extradition.
Mallya has contested his extradition on the grounds that the case against him is "politically motivated" and the loans he has been accused of defrauding on were sought to keep his now-defunct airline afloat.
"I did not borrow a single rupee. The borrower was Kingfisher Airlines. Money was lost due to a genuine and sad business failure. Being held as guarantor is not fraud," he recently wrote on Twitter.
"I have offered to repay 100 per cent of the principal amount to them. Please take it," he added.
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