UK government on Thursday shocked everyone with the verdict on Fugitive businessman Vijay Mallya’s case. Hinting that the country the business tycoon is unlikely to be extradited anytime soon, the High Court in London stated that there are further confidential legal issues to be resolved.
This verdict came almost a month after Vijay Mallya lost his appeal against extradition and was refused permission to appeal to the United Kingdom’s Supreme Court. “Under UK law, extradition cannot take place until it is resolved. We cannot estimate how long this issue will take to resolve,” said the British High Commission spokesperson.
Despite the UK’s Extradition Act which states that an individual has to be extradited with 28 days of an order by a high court or Supreme Court, it was highly rumoured that Vijay Mallya has made an asylum claim, which refers to an appeal to stay in the UK as a refugee.
Mallya’ extradition to India is based on a first information report filed by the CBI in July 2015 in connection with a Rs 900 crore loan sanctioned by IDBI Bank to KFA. India wants to bring back the 64-year-old businessman, whose interests have ranged from aviation to liquor, over Rs 9,000 crore in loans Kingfisher took out from banks which the authorities argue he had no intention of repaying.