Audio Bulletin: CBI welcomes decision of Mallya's extradition

 London's Westminster Magistrates Court on Monday ordered the extradition of Vijay Mallya to India. The matter of extradition of the fugitive tycoon to India has been referred to the Secretary of State.  Westminster Magistrates' Court Chief Magistrate Judge Emma Arbuthnot ruled that Mallya can be extradited to India to stand trial on the charges brought by the CBI and ED. The Central Bureau of Investigation (CBI) welcomed the decision of the UK court. Reports say Mallya will be appeal in the higher court against the decision. Mallya is wanted for alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores. The embattled businessman now has 14 days to appeal against the verdict.