20-04-2020, 05:07 PM
Former Force India Formula 1 team principal Vijay Mallya has lost his appeal in a High Court in the UK against his extradition to India.
Following the verdict, Mallya has 14 days to apply for permission to appeal to the Supreme Court in the UK. If the embattled tycoon decides not to pursue that route, the case would then go to the UK Home Office led by UK Home Secretary Priti Patel.
The embattled business tycoon has denied any wrongdoing and has offered to repay the loans, although authorities in India argue that he has no intention to pay back banks.
Following the verdict, Mallya has 14 days to apply for permission to appeal to the Supreme Court in the UK. If the embattled tycoon decides not to pursue that route, the case would then go to the UK Home Office led by UK Home Secretary Priti Patel.
The embattled business tycoon has denied any wrongdoing and has offered to repay the loans, although authorities in India argue that he has no intention to pay back banks.
"When a man holds you round the throat, I don't think he has come to apologise"
Ayrton Senna on Nigel Mansell, SPA 1987.