Non-Bailable Warrant Issued Against Vijay Mallya; CBI To Start Extradition ProcessVijay Mallya (Mark Thompson/Getty Images)

A special Central Bureau of Investigation (CBI) court issued a non-bailable warrant against Vijay Mallya in the IDBI loan default case, after the agency moved an affidavit seeking his extradition today (31 February), stating that Mallya is a wanted criminal.

Now the affidavit will be submitted to the Ministry of External Affairs, who will then ask their counterparts in the United Kingdom for support. On 24 January, the investigative agency filed a 1000-page chargesheet against Mallya in the Rs 900 crore case, calling him an "absconder". After the chargesheet was filed, Mallya claimed on Twitter that there was a witch-hunt against him.

The special court was hearing bail applications of IDBI and Kingfisher Airlines employees in the Rs 900 crore IDBI loans case, and deferred the case further till 3 February. Yogesh Aggarwal, the former IDBI chairman, and three former executives of the bank along with four executives of Kingfisher Airlines were arrested by CBI last week in the loan default case.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber
Advertisement