Extradition of fugitive liquor businessman Vijay Mallya can be expedited soon after the extradition of Christian Mitchell, who plays a middleman in the AgustaWestland helicopter purchase case. A British court on Monday could hear his decision on his extradition to India.
In April last year, an extradition warrant was issued against Mallya, after which he is on bail. Mallya has been telling the matter against him politically. However, Mallya tweeted and said, “I have not taken a single loan of money.
The loan was taken by Kingfisher Airlines. This money is submerged due to business failure. Guaranteed does not mean that I should be deceitful. “Earlier on a tweet, Mallya had said,” I have offered to return 100 percent of the original amount. It should be accepted. ‘
Let us know that ED has initiated proceedings in the country to declare Vijay Mallya a fugitive financial offender and seize his properties. Although Vijay Mallya had filed a petition in the Supreme Court through his advocate for seeking a ban on this. Giving a major blow to Mallya, the Supreme Court refused to ban the ED’s proceedings.
Let us say that 62-year-old Mala, owner of Kingfisher Airlines, is accused of fraud and money laundering of about 9,000 crore rupees. After that, he is absconding from the country since March 2016 and is living in the UK.
The team of the CBI and ED leave to the UK:
Sources said that a team of officials headed by the CBI’s joint director S Sai Manohar left for London to participate in the crucial hearing on Monday. Manohar will replace Special Director Rakesh Asthana, who is still participating in the trial. Manohar was part of Asthana-led SIT. According to sources, two officials of the ED (ED) have gone with the CBI officials.
I will return every penny of the India Bank: Mallya
Bhagora liquor trader Vijay Mallya has said that he is ready to return 100 percent of his money to Indian banks. This statement by Mallya, who ran in Britain with billions of rupees from Indian banks, came only after a few hours after the extradition of Christian Mitchell. The verdict on Mallya’s extradition is going to come four days later. On Wednesday, the former head of Kingfisher Airlines requested the Indian government to accept the offer through social media. He is now out on bail in the UK.
Let’s say that the decree on the extradition of 62-year-old Mallya, who ran away from the country with nearly 9000 crores of rupees, was to be pronounced by the British court on December 10. However, the businessman said that the case of extradition proceedings is different. Mallya is fighting a legal battle in Britain on extradition.
The businessman says that the leaders and the media have incorrectly presented it as ‘defaulter’. The businessman said in his tweet, “I have seen that there is a lot of discussion in the media about the decision of my extradition. This is a separate matter and the law will do its work in it. I am offering to return 100 percent of the public money. The bank and the government accept this proposal. ‘Mallya left the country in March 2016 and went to Britain.
Offer to settle the balance outstanding from 2016
Vijay Mallya, after tweeting one by one, claimed that he was offering to repay the outstanding amount of banks from 2016. He said that due to the increase in the cost of jet fuel (ATF), the loss of Kingfisher Airlines increased and banks’ money kept going in this.