Vijay Mallya arrested, gets bail in London

Vijay Mallya was arrested in London today in relation to the ongoing proceedings against him in the money laundering case being pursued by India, the United Kingdom’s Crown Prosecution Service confirmed.

Mallya was immediately granted bail, under UK procedure. This was Mallya’s second arrest in the UK since he fled India. Mallya was earlier arrested in April this year and was immediately released on bail then as well.

Mallya fled to Britain in March 2016 after being pursued for recovery of Rs 9,091 crore owed to a consortium of 17 Indian banks by his now defunct Kingfisher Airlines. He was arrested and granted bail in London on April 18 by the Scotland Yard on an extradition warrant.