Skip to content
Search

Latest Stories

UK High Court to hear Mallya’s appeal against extradition on Tuesday

Liquor baron Vijay Mallya is expected to return to court on Tuesday as the UK High Court begins hearing his appeal against being extradited to India to face fraud and money laundering charges amounting to Rs 9,000 crores (£1 billion).

The Royal Courts of Justice in London will hear the appeal against a magistrates’ court extradition order, signed off by former UK home secretary Sajid Javid in February last year.


The 64-year-old former Kingfisher Airlines boss, who remains on bail since his arrest on an extradition warrant in April 2017, had sought permission to appeal from the High Court against the extradition order.

In July last year, a two-member High Court bench comprising Justices George Leggatt and Andrew Popplewell ruled that "arguments can be reasonably made” on some aspects of the prima facie case ruling by chief magistrate Emma Arbuthnot in her extradition order of December 2018.

“By far the most substantial ground is that the senior District Judge (Arbuthnot) was wrong to conclude that the government had established a prima facie case,” said Judge Leggatt.

Mallya’s counsel Clare Montgomery had questioned the basis on which Judge Arbuthnot had arrived at certain conclusions and claimed the chief magistrate had been "plain wrong" in accepting some of the Indian authorities’ assertions that Mallya had fraudulent intentions when he sought some of the loans for his now-defunct Kingfisher Airlines, that he made misrepresentations to the banks to seek the loans and had no intentions to pay them back.

Mallya later told reporters outside the courtroom that he felt “vindicated” by the ruling and repeated his offer to pay back the money owed to the Indian banks.

“I still want the banks to take all their money, do what they have to do and leave me in peace,” he said.

The appeal will now move on to a full hearing this week, listed for three days until Thursday, with a verdict likely soon after or at a later date.

The High Court judges had accepted Judge Arbuthnot''s conclusions on all other aspects of the extradition case as they dismissed the other grounds on which permission to appeal was sought, including so-called “extraneous circumstances” of Mallya being pursued by the Indian authorities for political reasons of a clash between the ruling BJP and the Opposition Congress party.

Some of the other grounds invoked claimed Mallya would not receive a fair trial in India, which was also dismissed as the judges upheld Arbuthnot’s ruling on the matter that the wide media interest in the Mallya case would ensure justice.

His legal team also sought to challenge the Indian government’s assurances that Mallya would be held in safe prison conditions at Barrack 12 in Arthur Road Jail in Mumbai, which was dismissed by the High Court.

At the end of a year-long extradition trial at Westminster Magistrates’ Court in London in December 2018, Judge Arbuthnot had found “clear evidence of dispersal and misapplication of the loan funds” and accepted a prima facie case of fraud and a conspiracy to launder money against Mallya, as presented by the CPS on behalf of the Indian government.

Mallya remains on bail involving a bail bond worth £650,000 and other restrictions on his travel while he contests that ruling.

The High Court appeal will mark one of the final stages of the appeals process against his extradition to India, as in the case of wanted bookie in a match-fixing scandal Sanjeev Chawla – who lost his UK High Court challenge on human rights grounds and took the matter up to the European Court of Human Rights (ECHR) based in Strasbourg, France.

Chawla''s application was rejected by the ECHR last week, with his extradition to India expected later this week once all the paperwork in the case is concluded.

More For You

OpenAI Restricts ChatGPT’s Image Feature After Viral Ghibli Trend

Altman addressed the impact of the popular Ghibli-style image trend on OpenAI’s resources

Getty

OpenAI limits ChatGPT’s image generation feature amid viral Ghibli image trend

OpenAI CEO Sam Altman has announced temporary limitations on the company’s image generation feature in response to overwhelming demand driven by a viral trend. On Thursday, Altman addressed the impact of the popular Ghibli-style image trend on OpenAI’s resources, particularly its reliance on GPUs (graphics processing units). Altman revealed that the surge in demand for ChatGPT’s image generation tool has led to significant strain on the company’s infrastructure, prompting the introduction of temporary speed limits for users.

In a post on X (formerly Twitter), Altman shared the company’s response to the unexpected demand, stating, “It’s super fun seeing people love images in ChatGPT, but our GPUs are melting. We are going to temporarily introduce some rate limits while we work on making it more efficient. Hopefully won’t be long! ChatGPT free tier will get 3 generations per day soon.”

Keep ReadingShow less
UK-business-district-Getty
The Canary Wharf business district including global financial institutions in London. (Photo: Getty Images)

Economic growth in 2024 slightly higher than estimated: ONS

THE UK economy grew slightly more than first estimated in 2024, according to official data released on Friday, providing a small boost for the government after it revised down its growth forecast for 2025.

The Office for National Statistics (ONS) said gross domestic product expanded by 1.1 per cent in 2024, up from an initial estimate of 0.9 per cent.

Keep ReadingShow less
Sri Lanka posts five per cent GDP growth as it ends years of economic decline

Sri Lanka's president Anura Kumara Dissanayake

Sri Lanka posts five per cent GDP growth as it ends years of economic decline

CASH-STRAPPED Sri Lanka’s economy grew by five per cent in 2024, marking the first full year of expansion since its unprecedented meltdown in 2022, official data showed last Tuesday (18).

The last quarter of 2024 saw the economy expand by 5.4 per cent, bringing the full calendar year’s GDP growth to five per cent, compared to a contraction of 2.3 per cent in 2023.

Keep ReadingShow less
Donald Trump

Speaking from the Oval Office, Trump said, 'What we’re going to be doing is a 25 per cent tariff on all cars that are not made in the US.'

Getty Images

Trump imposes 25 per cent tariffs on foreign-built cars

US president Donald Trump has announced a 25 per cent tariff on imported cars and auto parts, escalating trade tensions with key partners.

The new duties take effect on 3 April and apply to foreign-made cars and light trucks, with additional levies on key auto parts set to follow within the month.

Keep ReadingShow less
Starmer-Trump-Getty

The UK is negotiating a tech-focused trade deal with the US, which could help avoid direct tariff impacts.

Getty Images

UK economy faces pressure from Trump’s tariff threats

THE UK’s economy faces a major risk from US president Donald Trump’s proposed tariffs, the country’s fiscal watchdog warned on Wednesday, citing slow growth and a high debt burden as key vulnerabilities.

Chancellor Rachel Reeves announced cuts to the welfare budget and other spending reductions to meet a key fiscal target aimed at reassuring investors after the 2022 market turmoil under former prime minister Liz Truss.

Keep ReadingShow less