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Mallya under UK judicial process, says Jaitley

NEW DELHI

The Vijay Mallya case  has come under the British judicial process and Indian agencies are making their best effort to have him face trial in India, the Centre said on Wednesday.

“The case (Mallya) is now part of the judicial process in that country (UK) and, as such, will function on judicial considerations,” Finance Minister Arun Jaitley told reporters here.

“The government and all its agencies are certainly putting their best efforts…the investigating agencies believe an offence has been committed, for which the person is required in India,” he added. Industrialist Vijay Mallya, wanted in India for defaulting on over Rs 80 billion in bank loans, was arrested in London on Tuesday. Within hours, a court granted him bail.

The court issued some stringent orders against Mallya before granting him bail, instructing “neither he can apply for travel documents nor attempt to leave the UK”.

It further directed the business tycoon to live in Hertfordshire and keep his cell phone on round the clock.

Indo-Asian News Service