Indian Business tycoon Vijay Mallya, who has been declared as a convict was arrested today by UK Police in London. But he has been granted bail after 3 hours later.
Mallya appeared in the Westminster Magistrates Court in London and granted bail within 3 hours of his arrest. The next hearing of this case will be held on May 2017.
Mallya was arrested on behalf of the Indian authorities. India had given a legal extradition request for Mallya as per the Extradition Treaty between India and the UK on February 8.