LONDON – Indian tycoon Vijay Mallya is set to face an extradition hearing in London that should determine whether he is sent back to India to face money laundering allegations related to the collapse of several of his businesses.
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The Westminster Magistrates Court hearing, which begins Monday and is due to last about eight days, will be widely followed in India, where Mallya is known for his flashy lifestyle and lavish parties attended by fashion models and Bollywood stars.
Mallya, who denies the allegations, was once hailed as India’s version of British entrepreneur Richard Branson for his investments in a liquor company, an airline, a Formula One team and an Indian Premier League cricket club.
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Nick Perry reported from New Delhi.
