NEW DELHI: India’s foreign ministry said on Thursday it has asked Britain to deport the embattled former airline boss Vijay Mallya, who faces a money laundering investigation.

Mallya, a part-owner of the Force India Formula 1 team who used to run a liquor empire, left India on March 2 owing more than $1 billion and is believed to be in Britain.

Last week India revoked his passport, after he repeatedly failed to appear before investigators looking into financial irregularities at Kingfisher Airlines, which ceased operating in 2012 leaving millions of dollars in unpaid bills.

“As of today, the ministry has written to the High Commission of the UK in Delhi requesting the deportation of Sri Vijay Mallya so that his presence can be secured for investigations against him under the Prevention of Money Laundering Act 2002,” ministry spokesman Vikas Swarup told journalists.

Swarup said India had not yet heard back from the British authorities.

Last week an Indian court issued an arrest warrant for the 60-year-old, once dubbed the King of Good Times for his lavish lifestyle.

His massive debt has become a symbol of Indian banks’ vast volume of bad loans — meaning in default or close to it — seen as a threat to financial stability in Asia’s third-largest economy.

Published in Dawn, April 29th, 2016

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