Vijay Mallya arrested
Written by : SMTV24x7 | Tue, Apr 18, 2017, 03:53 PM
New Delhi April 18: Former business tycoon Vijay Mallya and Liquor baron Vijay Mallya who is wanted in India for defaulting on loans worth Rs 9,000 crore has been arrested by the Scotland Yard in London here on Tuesday.
He has a non-bailable warrant against him. He is expected to be brought to India shortly.
His financial dealings are being investigated by the CBI and federal Enforcement Directorate.
Mallya has repeatedly refused to appear before courts and investigators in India since he secretly fled to Britain last March, after defaulting on loan payments to state-owned banks and allegedly misusing the funds.