Vijay Mallya cheated Indian banks by taking thousands of crores as loans and has been a defaulter. He escaped and is enjoying in London. According to latest reports British govt has agreed to handover him to Indian Government soon. Banks were alerted when his debts reached Rs 9,000 crores and issued notices to him. Indian govt could not get him back as there were no criminal cases on him. But his loan of Rs 720 crores from IDBI bank has become a hurdle to him now in which CBI court has issued him a non-bailable warrant. Britain Home Minister will decide whether to surrender him or not.
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