Vijay Mallaya 9000 Crores

The CBI today said that the first look out circular (LOC) against embattled businessman Vijay Mallya for his detention at airport was not sustainable in law and needed correction as there was no warrant against him at that time.

Vijay Mallya, accused of defaulting on loans worth crores, was arrested in London today in what the government counted as a major win in its attempts to bring the business tycoon to India to face trial.

The CBI today said that the first look out circular (LOC) against embattled businessman Vijay Mallya for his detention at airport was not sustainable in law and needed correction as there was no warrant against him at that time.

Vijay Mallya, accused of defaulting on loans worth crores, was arrested in London today in what the government counted as a major win in its attempts to bring the business tycoon to India to face trial.