CBI, Indian high commission to present case against Mallya in UK

The Central Bureau of Investigation and the Indian High Commission in London will present India's case in the United Kingdom court for extradition of controversial industrialist Vijay Mallya as the government looks to break the myth that a law breaker is out of bound once he is out of country.

A top source said India is seeking extradition of Mallya for defaulting on loans due to IDBI.

"We want to shatter this myth that by crossing boundaries you are out of bounds. Mallya extradition will act as an important test case," the source said.

The embattled businessman, who has been declared a proclaimed offender in India, was today arrested in London by the Scotland Yard on India's request for his extradition on fraud charges.

The 61-year-old liquor baron, wanted in India for defaulting on loans, was arrested after he appeared at a central London police station this morning. The flamboyant businessman, who once called himself 'The King of Good Times", was released on bail a few hours later. -- PTI