On May 30, the Mumbai Court made a statement which caught the attention of entire India. The court said that due to the timely arrest of businessmen Nirav Modi, Vijay Mallya and Mehul Choksi, they were successful in escaping from the country. Mumbai court’s Prevention of Money Laundering Act judge MG Deshpande made this statement ...

If reports are to be believed fugitive businessman Vijay Mallya has sought asylum in the UK, and his extradition might be delayed. According to a report on CNBC-TV18, the liquor baron has applied for asylum on humanitarian grounds. Last week, there was media speculation about his deportation to India, after the businessman lost his appeal ...

The much-awaited extradition of liquor baron Vijay Mallya to India might not happen “anytime soon,” according to a senior Enforcement Directorate (ED). Media went abuzz on 3 June carrying stories that Mallya, who now resides in the UK, will be brought back to Mumbai. One media outlet went ahead to report that the baron has ...