REUTERS | Vasily Fedosenko

Indian business tycoon, Mr Vijay Mallya, was once dubbed “the King of Good Times”. However, over the last two years, £1.14 billion of his assets have been frozen by the High Court in London, he is being pursued for non-payment of alleged substantial debts in India by a group of major banks, and now the Home Secretary has approved his extradition on fraud charges. Continue reading