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Vijay Mallya could face further charges, UK court told
Vijay Mallya, the co-owner of Formula One team Force India, could face further charges and a second request to extradite him from Britain to India, a London court heard on Tuesday.
London: Vijay Mallya, the co-owner of Formula One team Force India, could face further charges and a second request to extradite him from Britain to India, a London court heard on Tuesday.
The Indian businessman was arrested by British police in April on behalf of the Indian authorities, who accuse him of fraud.
Mallya`s lawyer Ben Watson told a hearing at London`s Westminster Magistrates` court on Tuesday that India was now preparing a second extradition request with further separate charges.
India is seeking Mallya`s extradition over unpaid loans tied to his defunct Kingfisher Airlines after the businessman fled to Britain in March last year.
Banks are seeking to recover about $1.4 billion that the Indian authorities say Kingfisher owes.
Mallya has repeatedly dismissed the charges against him.
The next hearing will be held on July 6 with two weeks set earmarked in December to hear the full extradition case.