Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
August 17, Friday 2018 5:25 PM       

       HEADLINES: Rescue operations intensified, more to be shifted to relief camps                                              Modi to visit state to take stock of flood situation                                              250 boats, 23 helicopters added for rescue operations; situation under control: CM                                              Stranded people will be rescued by today itself, 164 dead: CM                                              Rescue operation got delayed; CM chides Revenue chief secretary                                              SC directs reducing water level at Mullaperiyar dam by three feet                                              US newsrooms to Trump: We're not enemies of the people                                              Former India captain Ajit Wadekar no more                                              Kaumudi Facebook
       WORLD Next Article: Saudi Arabia intercepts 3 missiles over Riyadh, Jizan  
       Grounds to regard Mallya fugitive: UK court
 
         Posted on :10:01:59 May 10, 2018
   
A A
       Last edited on:12:26:50 May 10, 2018
         Tags: Vijay Mallya, fugitive, UK court
 

LONDON: Liquor baron Vijay Mallya, wanted in India to face charges of fraud and money laundering amounting to around Rs. 9,000 crore, can be regarded as a “fugitive from justice”, the UK High Court has concluded.

Judge Andrew Henshaw, who upheld a worldwide freeze order and ruled in favour of 13 Indian state-owned banks to recover funds amounting to nearly 1.145 billion pounds in a judgment yesterday, took note of the fact that the 62-year-old businessman is contesting his extradition to India relating to “alleged financial misconduct.”

“In all these circumstances, and even taking account of the fact that Mallya is contesting the alleged grounds for extradition, there are grounds for regarding Mallya as a fugitive from justice,” the judge said as part of his ruling.

The High Court remained unconvinced by Mallya’s claim that he has been a non-resident Indian (NRI) since 1988 and has lived in England since 1992, a country where he has indefinite leave to remain (ILR).

“The evidence indicates that prior to March 2016 Mallya travelled fairly regularly between India and England for business and political reasons. Most of his business interests were in or closely connected with India, most notably United Breweries Group and Kingfisher Airlines…Whilst Mallya has indefinite leave to stay in the UK, he is said to be a non-resident taxpayer,” the court observed.

A A
       WORLD
Next Article: Saudi Arabia intercepts 3 missiles over Riyadh, Jizan
 
 
WORLD HEADLINES
US newsrooms to Trump: We're not enemies of the people  
Anger grows in Italy as bridge toll rises to 38  
Trump Tower operators sued over water release into river  
Scotland Yard returns 12th century stolen Buddha statue to India on I-Day  
Erdogan says Turkey to 'boycott' US electronic goods  
Netanyahu demands 'total' Gaza ceasefire  
Khan's party bags 33 reserved seats; PTI NA tally stands at 158  
NASA launches Parker Solar Probe mission to 'touch the Sun'  
Ivanka Trump condemns white nationalist rallies: There is no place for neo-Nazism in US  
Pakistan declares 'water war' on people of PoK  
Nobel Prize-winning author V S Naipaul dies at 85  
Six wounded in Balochistan suicide attack  
Taliban, Kabul government both claim embattled Afghan city  
Malaysia ex-PM Najib to face corruption trial in February  
Imran Khan to take oath as Pakistan Prime Minister on Aug 18: party leader  
Indian envoy calls on Imran  
Another earthquake hits Lombok  
Argentina's Senate trashes bill to legalise abortion  
Koreas to hold high-level talks next week  
Pakistani authorities blacklist Sharif's sons, block passports  
Trump nominates Indian-American law professor to agency on privacy and civil liberties  
Brazil orders shutting of border to Venezuelan migrants  
German couple jailed for selling son online for sex  
US to reinstate sanctions on Iran  
Pakistan's new vaccination drive, 'final push' against polio  
 
Do you think people took lightly government's warnings in flood-prone areas?
yes
 
no
 
no opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy