Business tycoon Vijay Mallya who had fled India last year is now arrested in London by Scotland Yard. He is accused of defaulting on worth crores and will be produced in metropolitan court today.
According to media sources, the arrest took place around 9.30 am in London and is a big win in attempt to bring the liquor baron to justice. Banks have to recover around Rs 9000 crores in loans.
Initially it was said that British officials told that even without an Indian passport he could legally stay in London as he had a UK visa.