Breaking: Vijay Mallya Arrested Live: Liquor Baron Held in London, Extradition Proceedings On

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Liquor baron Vijay Mallya, who is wanted in India for defaulting on loans worth Rs 9,000 crore, has been arrested under the Prevention of Money Laundering Act in London.

Mallya has repeatedly refused to appear before courts and investigators in India since he secretly fled to Britain in March, 2016, after defaulting on loan payments to state-owned banks and allegedly misusing the funds.

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