Non-Bailable Warrant Issued Against Vijay Mallya; CBI To Start Extradition Process

A special Central Bureau of Investigation (CBI) court issued a non-bailable warrant against Vijay Mallya in the IDBI loan default case, after the agency moved an affidavit seeking his extradition today (31 February), stating that Mallya is a wanted criminal.

Now the affidavit will be submitted to the Ministry of External Affairs, who will then ask their counterparts in the United Kingdom for support. On 24 January, the investigative agency filed a 1000-page chargesheet against Mallya in the Rs 900 crore case, calling him an "absconder". After the chargesheet was filed, Mallya claimed on Twitter that there was a witch-hunt against him.

The special court was hearing bail applications of IDBI and Kingfisher Airlines employees in the Rs 900 crore IDBI loans case, and deferred the case further till 3 February. Yogesh Aggarwal, the former IDBI chairman, and three former executives of the bank along with four executives of Kingfisher Airlines were arrested by CBI last week in the loan default case.