THE ROAD TO EXTRADITION

Vijay Mallya’s troubles began after his airline was grounded, and snowballed after the banks came knocking in 2014

Kingfisher Airlines grounded after being hit by Rs 7,000 crore debt July Diageo gains control of Mallya-owned United Spirits Limited, raises stake to 55% September United Bank of India calls Mallya a ‘wilful defaulter’, but he gets the court to dismiss the move State Bank of India names Mallya a ‘wilful defaulter’

March 2

Mallya leaves

country for London on the day the public sector banks moved the Debt Recovery Tribunal against him March 4 SBI and a consortium of banks move the Karnataka High Court to get Mallya arrested and his passport impounded March 7 Debt Recovery Tribunal bars British liquor giant Diageo from paying Mallya a severance package of Rs 515 crore to quit as United Spirits chairman

August 23 Enforcement Directorate registers a case of money laundering against Mallya based on a CBI probe of the ‘wilful default’ of KFA on a Rs 900 crore loan from IDBI Bank

September 23 ED attaches properties of Mallya worth Rs 6,630

crore in connection with a fresh case of cheating March 12 Sebi bars wilful defaulters from raising public funds through stocks and bonds, and from taking board positions at listed companies—a move that disqualifies Mallya from various posts in his group companies as well as MNC subsidiaries March 13 A Hyderabad court issues a non-bailable warrant against Mallya in connection with dishonouring a Rs 50 lakh cheque to GMR International Airport Ltd January 24 CBI files chargesheet in IDBI loan default case charging Mallya and nine officials of Kingfisher and IDBI. Court issues nonbailable warrant on January 31 April 8 Mallya’s Kingfisher villa in Goa auctioned by SBIled lender group. After three failed attempts, it goes to film production company Viking Media & Entertainment for Rs 73 crore April 18 Mallya arrested by Scotland Yard in London, released on bail