As per the recent reports, the Former liquor baron Vijay Mallya has been allegedly arrested by the Crown Prosecution Service (CPS) in London today in connection with the case of money laundering.
The most wanted Business tycoon has been arrested in London in connection with a money laundering case today evening.
It is reported that the liquor baron who is most wanted in India or defaulting on loans worth Rs 9,000 crore to Indian banks.
This has come as the second arrest of the liquor baron Vijay Mallya in the UK this year.
It is believed that the businessman flees from India and was staying in London for over a year now, is been accused of defaulting loans of several banks in India.
Reports say that Vijay Mallya is booked with dozen arrest warrants in India.
It was reported that he will be produced in front of the court for a hearing.
A senior official said in a statement, “He can say whatever he wants, but ours is a watertight case,”
Although, the liquor baron was also arrested in April this year in the same case but was granted bail the same day.
However, while defending himself the businessman dismiss the charges against him.