Alleged to have defaulted bank loans in thousands of crores, Mr Vijay Mallya, the liquor baron from India had left for the UK last year, sensing trouble in air. He is also wanted in case of money-laundering. Vijay Mallya’s Kingfisher Airlines flopped badly and now he owes banks approximately Rs.9000 crores.
He was voluntarily arrested by the Scotland Yard today and within 3 hours he got bail so people thinking that he would be extradited are living in fool’s heaven. He is powerful enough to dodge such extradition attempts and surely has done all his homework before leaving homeland as to how he would be legally protecting himself once he leaves India.
Its a failure on the part of Indian govt(s) and sends a very wrong message to society if people run away with bank’s money and freely lead a happening life in some other country. Well, as of now, the king of good times is having good time in the UK and there is no coming back home, anytime soon.