first_imgIn the Rajya Sabha, Finance Minister Arun Jaitley said In the Rajya Sabha, Finance Minister Arun Jaitley said India will now have to initiate extradition process after a charge sheet is filed to bring back the embattled tycoon to face money laundering charges as well as recovery of the Rs 9,400 crore of loans to his defunct Kingfisher Airlines.Cancellation of passport “does not result in automatic deportation, that is the stand taken by UK,” Jaitley said.The Finance Minister said public sector banks are making all efforts to recover the loans and investigating agencies are inquiring into violations of law.Mallya had a diplomatic passport by virtue of being a Rajya Sabha member. He resigned from the Upper House this month.The extradition can happen under the 1993 treaty or any other necessary assistance under the Mutual Legal Assistance Treaty (MLAT) signed in 1992 between India and the U.K.However, India was hoping to get the liquor baron through the expeditious route of deportation and not go through the lengthy process of extradition.Significantly, replying to a query in Lok Sabha Minister of State for Home Haribhai Parathibhai Chaudhary in March said that India has made 15 extradition requests to the UK, which was yet to act on them.Chaudhary said in a meeting held on February 15 here between MoS Home and Minister of State for Migration, UK, the issue of pending extradition requests was raised.”The UK Minister clarified that these matters are sub-judice in the British courts. On the part of the government, the UK Minister assured cooperation on the pending issues on case-to-case basis,” the minister had added. PTI PYK VMN VMNadvertisementlast_img read more