FIRST AIRED: December 4, 2017

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00:00:00
>> Flamboyant Indian business man Vijay Mallya, heading to a London court on Monday for an extradition hearing. Indian authorities want to try him in connection with unpaid debts of around $1.4 billion tied to his defunct Kingfisher Airlines.>> I have said repeatedly that these are all false, fabricated and baseless charges.
00:00:25
>> Mallya, who co-owns the Force India Formula 1 team, fled to the UK. The self-styled king of good times is accused of money laundering and fraudulently obtaining funds. India's government said some of the money ended up going to the race car team. Mallya was arrested by British police on behalf of the Indian authorities, and later released on bail.
00:00:50
Now legal experts say Britain and India have a mixed record on extradition cases. To get their man, India will have to show that Mallya committed acts that would be crimes in both countries. If he loses this rounds, the tycoon is expected to appeal to a higher courts, and even the UK home secretary.