Tuesday 18 April 2017 16:27, UK
Force India boss Vijay Mallya has been arrested, the Metropolitan Police have confirmed.
A statement released by the force confirmed:
'Officers from the Metropolitan Police's Extradition Unit have this morning, Tuesday 18 April arrested a man on an extradition warrant.
'Vijay Mallya, 61 (18/12/1955), was arrested on behalf of the Indian authorities in relation to accusations of fraud.
'He was arrested after attending a central London police station, and will appear at Westminster Magistrates' Court later today, 18 April.'
Mallya himself then tweeted:
Mallya was later granted bail and will next appear in court on May 17 on an extradition hearing.
As part of his bail conditions, Mallya must keep his mobile phone on at all times, cannot leave England or Wales and has lodged £650,000 with the court as a security.
