Indian Tycoon Vijay Mallya in UK Court Fighting Extradition
An Indian tycoon facing extradition to India has appeared at a preliminary hearing in a British court.
Co-owner of the Force India Formula 1 team Vijay Mallya confirmed his name and personal details in Westminster Magistrates Court Tuesday.
He is wanted in India to face charges of money laundering and bank demands that he pay back more than a billion dollars in loans to his now-defunct airline.
His lawyer told the court Mallya may face additional charges in India.
The 61-year-old Mallya was arrested in Britain in April and has been free on conditional bail. He moved to Britain in March 2016.
Indian investigators say Mallya hasn’t cooperated and has refused to give evidence there.
He told reporters outside the courthouse that he was looking forward to his day in court.
“I am delighted that I could put my case forward before a fair and impartial U.K. court,” he said.
“I deny all allegations that have been made and I will continue to do that,” he said.
Mallya was famous for his flashy lifestyle and lavish parties attended by fashion models and Bollywood stars.