The move comes after a Westminster Magistrate Court of the UK had on December 10 ordered Vijay Mallya’s extradition to India to face fraud investigations.
Mallya, who is currently in the UK, is wanted in India for alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crore.
The anti-corruption court in Mumbai on January 5 had tagged Vijay Mallya as ‘fugitive economic offender’ under a new anti-fraud law.
Mallya became the first businessman to be charged under Fugitive Economic Offenders Act, 2018.
Mallya now has 14 days to appeal against the decision.