Kingfisher - Latest News Update, Information, Photos & Videos on Kingfisher at Lokmat Times

Absconding liquor Baron, Vijay Mallya, who is facing extradition proceedings in UK, was seen attending India's match against Australia at the Kennington Oval in London on Sunday.Evading questions on his extradition case, Mallya told , "I am here to watch the game," and added that "preparations are underway for the next hearing scheduled in July."The UK home office and the Westminster Court had last year ordered his extradition to India over charges of money laundering, fraud and conspiracy after he failed to convince authorities there that he has been made a victim of political intrigue.On April 8, A United Kingdom court has denied permission to fugitive businessman Vijay Mallya to appeal against his extradition order to India to face trial for alleged fraud and money laundering amounting to Rs 9,000 crore.The 63-year-old embattled liqour baron had approached the court against the February 5 order signed by the UK Home Secretary approving Mallya's extradition.The rejection of Mallya's appeal is seen as a positive development for authorities in India who have been pushing for the extradition of the businessman who faces charges of loan frauds, money laundering and other economic offences."Vijay Mallya is accused in India of conspiracy to defraud, making false representations and money laundering offences," the order said.A major breakthrough was achieved on December 10 when the Westminster Magistrate's Court found merit in the charges registered against Mallya in India and approved his extradition.As per the case registered by the Enforcement Directorate, Mallya had allegedly paid USD 200,000 to a British firm and some European countries for displaying the logo of his now defunct Kingfisher airline in Formula One World Championships in London in 1996, 1997, and 1998.The investigating agency also claimed that the money was paid without prior approval from the Reserve Bank of India (RBI) in violation of the FERA norms.( With inputs from ANI )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Kingfisher, NewsFOLLOW

Kingfisher, Latest News

Aurangabad :Rare Egyptian Vulture spotted in Aurangabad

Bird week being celebrated by Nisarg Mitra Mandal Aurangabad and Maharashtra PakshiMitra Sanghatana Aurangabad: The Nisarga Mitra Mandal Aurangabad ... ...

Lifestyle :Kingfisher ropes in Rashmika Mandanna, Varun Dhawan as brand ambassadors

New Delhi, April 20 Kicking off Kingfisher's 'Spread the Cheer' campaign, focused on celebrating this year as the ... ...

International :Vijay Mallya faces eviction from luxury home in London

The fugitive Kingfisher tycoon Vijay Mallya is facing the prospect of a humiliating eviction from the luxury Central London home he currently occupies after the UK High Court ruled against him in a dispute with the Swiss bank UBS. ...

Aurangabad :Bird week celebrated in district

Aurangabad, Nov 14: The government of Maharashtra announced ‘Bird Week’ between November 5 and 12. The Aurangabad forest department ... ...

Business :Goa Casino hosts the Big Daddy of all NYE celebrations with rapper Badshah

India's largest floating casino located in Goa, Big Daddy hosted India's biggest New Year party, 'The Big Bash 2020'. The party went crazy with the grand performance put up by rap singer Badshah who swept the audience off their feet with his scintill ...

International :Mallya spotted at Kennington Oval, evades questions on extradition

Absconding liquor Baron, Vijay Mallya, who is facing extradition proceedings in UK, was seen attending India's match against Australia at the Kennington Oval in London on Sunday. ...