India has revoked the passport of a flamboyant Indian businessman accused of fleeing to London in March while owing millions of pounds to Indian banks.

External Affairs Ministry spokesman Vikas Swarup said on Sunday that the decision to revoke Vijay Mallya's passport was taken considering the evidence gathered by India's Enforcement Directorate, which has been investigating the tycoon's massive debts.

The ministry was also consulting legal experts on seeking Mallya's deportation from the UK to face charges of money laundering and financial irregularities.

The opposition Congress party has accused the government of letting Mallya leave India while being pursued by banks for debts totalling nine billion rupees. The government denies the charge.

Mallya's debts were triggered by the failure of his Kingfisher Airlines.

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.