Multimillionaire ‘king of the good times’ Vijay Mallya faces allegations of £1bn fraud

The Indian multimillionaire businessman Vijay Mallya has lost his appeal against a decision to extradite him to India to face allegations of a £1bn fraud at his now defunct Kingfisher Airlines.

High court judges on Monday rejected Mallya’s appeal against a 2018 decision granting his extradition, ruling that there was a “prima facie case of fraud by false representation”.