British court approves the extradition of Indian tycoon Vijay Mallya on charges of fraud and money laundering

Vijay Mallya, the fugitive Indian tycoon fighting multiple cases in the UK after defaulting on loans, has lost a bid to avoid extradition to his home country where he faces charges of fraud and money laundering. Judge Emma Arbuthnot ruled against Mallya at a hearing in London on Monday, largely rejecting his arguments that the case was politically motivated. “I do not accept the courts in India are there to do what the politicians tell them to do,” Arbuthnot told a packed…