Laundering case: Mallya arrested in London, gets bail

MUMBAI, INIDA  NOVEMBER 15: Vijay Mallya, Chairman of Kingfisher Airlines at press conference to announce the results at Regency Ballroom, Hyatt Regency, Andheri (E) on November 15, 2011 in Mumbai, India. (Photo by S Kumar/Mint via Getty Images)

MUMBAI, INIDA NOVEMBER 15: Vijay Mallya, Chairman of Kingfisher Airlines at press conference to announce the results at Regency Ballroom, Hyatt Regency, Andheri (E) on November 15, 2011 in Mumbai, India. (Photo by S Kumar/Mint via Getty Images)

LONDON: Beleaguered liquor baron Vijay Mallya was arrested in London on Tuesday in a money laundering case filed by India’s Enforcement Directorate (ED) before being released on a bail bond of £650,000 by the Westminster magistrates’ court.

The 61-year-old fugitive businessman, who was arrested earlier this year and granted bail on an extradition warrant executed by the Metropolitan Police, was released on the same bail conditions to appear for his trial on December 4.

Click here to read more…

Credit: timesofindia.indiatimes.com