The de-escalation of the fighting suggests negotiations are ongoing between the armed forces and rebels
Indian liquor mogul Vijay Mallya arrested in UK for second time: Media
Indian liquor tycoon Vijay Mallya has been arrested in the UK for money laundering charges, the second time in a year, reports NDTV.
Published : 3 Oct 2017, 12:43 PM
Updated : 3 Oct 2017, 12:43 PM
The businessman, who has been staying in London for over a year, was out on bail in another case in which he was arrested in April on India's extradition request.
Mallya stands accused of defaulting loans worth hundreds of billions rupees in India and faces at least half a dozen arrest warrants back home.
He managed to leave India in March last year, when a group of banks attempted to recover more than 90 billion rupees in loans taken for his now collapsed Kingfisher Airlines.
Mallya is in Britain on an "indefinite leave to remain" visa or on permanent residence, says NDTV.
India had made an extradition request in February to Britain to send back the businessman to face trial.
Cases against him are being investigated by India's Central Bureau of Investigation and the Enforcement Directorate, which handles financial crimes.
Known for his lavish lifestyle, Mallya has repeatedly refused to appear before courts and investigators in India.
On Twitter, he has defended himself, dismissing the charges against him.
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