Vijay Mallya
File photo of Vijay Mallya.

Fugitive businessman Vijay Mallya can be extradited to India anytime soon as all the legal processes have been completed, says a report.

A media report, filed by a news agency, quoted top government sources as revealing that as Mallya has lost his appeal in the UK top court on May 14 against his extradition to India, he can be extradited to the country anytime.

During his extradition, the founder of Kingfisher Airlines, now defunct, will be accompanied by officials of the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED).

According to the report, as the case has been registered in Mumbai, Mallya would be flown to Mumbai.

On his arrival at the Mumbai Airport, the fugitive businessman’s health check-up will be conducted by a medical team, said the report.

As per the report, if Mallya lands at night, he will have to spend some time at the CBI office in Mumbai and he will be produced in the court later.

However, if he lands in day time, he would be directly produced in a court.

Liquor baron Mallya on April 20 lost his appeal to the UK High Court against his 2018 extradition order to India to face charges of financial irregularities.

The businessman is wanted in India on alleged fraud and financial offences amounting to an estimated Rs 9,000 crore borrowed by his now-defunct Kingfisher Airlines (KFA) from several Indian banks.

According to reports, a consortium of Indian public sector banks led by the State Bank of India had sought a bankruptcy order against Mallya as part of efforts to recoup around GBP 1.145 billion of unpaid loans from the 64-year-old businessman.