Exclusive - F1 team boss Mallya sees no grounds for extradition


Britain Formula One - F1 - British Grand Prix 2016 - Silverstone, England - 8/7/16 Force India team principal Vijay Mallya during the press conference Action Images via Reuters / Matthew Childs Livepic

SILVERSTONE, England (Reuters) - Vijay Mallya, the one-time billionaire who co-owns the Force India Formula One team, said on Wednesday Indian authorities had no grounds to extradite him from Britain and he would not be leaving.

India wants Mallya to face trial after the liquor and aviation tycoon was charged with conspiracy and fraud over a loan to his defunct Kingfisher Airlines. It said this month that it had asked Britain to extradite him.

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