|Vijay Mallya is accused of money laundering and violating the Foreign Exchange Management Act (FEMA).|
The UK Home Office confirmed that Sajid Javid — having carefully considered all relevant matters — signed the order on Monday, February 4.
Vijay Mallya was facing charges of fraud, money laundering and violation of Foreign Exchange Management Act (FEMA). The 62-year-old liquor baron has also defaulted to the tune of Rs 9,000 crore.
Westminster Magistrates’ Court (on 10 December) sent the case of Vijay Mallya to the Home Secretary for a decision on whether to order extradition.
In December, the businessman had told reporters soon after the ruling by Chief Magistrate Emma Arbuthnot in London, that he would consider the verdict in detail and decide his next course of action. His legal team later confirmed that he will seek to leave to appeal against the court order.
Reacting to the news of UK Home Secretary clearing Vijay Mallya’s extradition, union minister Arun Jaitley tweeted “Modi government clears one more step to get Mallya extradited while Opposition rallies around the Saradha scamsters.”