Is the Kingfisher coming back or not? Read to know

On Wednesday, news reports emerged that liquor baron and founder of now defunct Kingfisher Airlines Vijay Mallya would soon be getting extradited to India.  Citing a top Enforcement Directorate source, news agency IANS had said that the Mallya would be in India anytime soon in the coming days and that all legal formalities have been completed.

Though nothing was mentioned about when the fugitive business tycoon would be extradited to India, news reports said that Mallya would be flown to Mumbai airport accompanied by CBI and ED officials.

The teams of CBI and the ED are already working on the process of extradition to India, news reports said.

The IANS had tweeted that the development comes in the wake of Mallya losing his appeal in the UK top court on May 14 against his extradition to India.

However, quoting a Mallya’s personal assistant and a senior official at the Indian High Commission in London, a report by Times of India on June 4 said that the he is not getting extradited anytime soon.

The High Commission official said that the media has picked up old statements of CBI adding that the “situation has not changed and there are delays”.

Vijay Mallya fled India in March 2016 and is accused of defrauding as many as 17 Indian banks.