London police arrested the Indian businessman Vijay Malyugin, who is the owner of Formula 1 team, reports Guardian.
The police arrested the 61-year-old Indian entrepreneur by the request of authorities, who accuse him of fraud. Before, India requested Britain to extradite Malyugin, after local banks tried to charge him $ 1.4 billion. According to the Indian authorities, the businessman owed money to Kingfisher Airlines.
The hearing of this case will be held tonight at Westminster court.
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