India's Runagate business baron Vijay Mallaya is hitting the headlines for all the wrong reasons and once again he found himself in the news after some government sources stated that Vijay Mallya might be repatriated to India soon.
This development gained a lot of significance after the fugitive businessman lost his appeal in the UK court on May 14th when he moved the UK Supreme Court against India's extradition.
Though there is no information on the exact date of the extradition the government sources maintained that the legal process for Vijay Mallya's extradition is completed and he will be brought to India anytime.
It has been widely reported that CBI and ED started working on the extradition and the latter might be getting the custody of the fugitive businessman and they are the ones that filed the case against the tycoon.
Vijay Mallya left India in 2016 March by giving personal reasons who bamboozled as much as 17 Indian banks and took loans from these banks but failed to pay back the loans.
This development gained a lot of significance after the fugitive businessman lost his appeal in the UK court on May 14th when he moved the UK Supreme Court against India's extradition.
Though there is no information on the exact date of the extradition the government sources maintained that the legal process for Vijay Mallya's extradition is completed and he will be brought to India anytime.
It has been widely reported that CBI and ED started working on the extradition and the latter might be getting the custody of the fugitive businessman and they are the ones that filed the case against the tycoon.
Vijay Mallya left India in 2016 March by giving personal reasons who bamboozled as much as 17 Indian banks and took loans from these banks but failed to pay back the loans.