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Vijay Mallya arrested in UK for money laundering; released on bail.
National  
Hindustan Times

 
New Delhi/London: Fugitive liquor baron Vijay Mallya was on Tuesday arrested in the UK over money laundering case but was granted bail shortly afterwards. This is the second time that Mallya was arrested this year in London.
 
As per media reports, the cases filed by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) are likely to be clubbed in the London court. Notably, Mallya's financial dealings are being investigated separately by these two investigative agencies.
 
The embattled tycoon is out on bail in another case in which he was arrested in April following India's extradition request.
 
The businessman, who has been based in the UK since he left India in March last year, is wanted in India for his erstwhile Kingfisher Airlines' default on loans worth nearly Rs 9,000 crores.

 
 


 
 


 
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