End of good times for Vijay Mallya

New Delhi: Founder of the now defunct Kingfisher Airlines Vijay Mallya is set to be extradited to India anytime soon as all the legal formalities have been completed, top Indian government sources said.

The fugitive businessman would be flown to Mumbai upon his landing as the case against him was registered there.

He will be accompanied by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) officials. At the Mumbai Airport, a medical team will do his health check-up.

A major hurdle in the extradition was cleared on May 14 when Mallya lost the case. Now the Indian government will have to bring him back in the next 28 days. Since May 14, it has already been over 20 days since the UK court rejected his plea.

After the court ruling on May 14, Mallya offered to repay 100 per cent of his loan dues to the Indian government provided the case against him was closed, but his repeated offers to repay dues have been ignored by the ruling government.

Mallya faces charges of fraud and money laundering worth ₹9,000 crore. He left India in March 2016 under the pretext of personal reasons.

The former parliamentarian has defrauded at least 17 Indian banks, drawing loans which he allegedly routed to gain full or partial stake in about 40 companies abroad.

The CBI had filed a chargesheet against the liquor baron and others on January 24, 2017 which was followed by a request for his extradition on January 31 in the same year. Based on the request, Mallya was arrested by the UK authorities on April 20, 2017.

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