Govt's duty to get Mallya extradited from UK: SC

Henrietta Brewer
July 15, 2017

During the hearing, Venugopal told the division bench that extradition proceedings of Mallya has already started, to which Justice Adarsh Kumar Goel asked for submission of a status report.

However, Mallya was released on bail as he assured the court to abide by all conditions associated with extradition proceedings, including surrendering his passport.

Earlier on May 9, business tycoon Vijay Mallya was held guilty of contempt on the basis of plea filed by the consortium of banks after he had failed to provide details of his assets. You have to produce him before us.

In the last hearing, the apex court had convicted Mallya for contempt of court and summoned him to personally appear on July 10.

It had directed Mallya to appear before it today to argue on the quantum of punishment. The court was hearing contempt proceedings against Mallya filed by a consortium of 17 banks led by SBI which contended that the businessman had not made a truthful disclosure of his assets before the court and he had intentionally kept the court in dark on payment of $40 million which he received in February previous year from British liquor major Diageo for stepping down as chairman of United Spirits Limited. The Indian government was responding to questions from the United Kingdom government on where Mallya would be lodged if extradited to India.

A consortium of banks led by India's largest lender State Bank of India, in a plea before the top court, had said that the businessman transferred $40 million received from Diageo to his children in violation of various court orders.

The Enforcement Directorate (ED) has said that former liquor baron Vijay Mallya, who fled India to avoid repaying millions of dollars of loan to Indian banks, had laundered more than Rs 1,300 crore using 13 shell companies in countries like US, Ireland, Mauritius and France.

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