Vijay Mallya offers to return 100% of public money
6 years, 1 month ago

Vijay Mallya offers to return 100% of public money

The Hindu  

Indian businessman Vijay Mallya has made another public intervention to persuade Indian authorities to accept his settlement before the Karnataka High Court, ahead of next week when a judge at Westminster Magistrate’s Court is due to deliver her verdict on India’s attempt to extradite him from the UK. In a series of tweets on Wednesday morning, Mr. Mallya, who is facing a number of legal battles in London, pointed to the “thousands of crores” of rupees the Kingfisher drinks group had contributed to public coffers both national and at a state basis for three decades, while insisting that Kingfisher Airline’s woes related to high aviation fuel prices. The contention that Mr. Mallya’s default on loans from a consortium of banks including IDBI, resulted from an unprecedentedly tough climate for the aviation sector, amid staggeringly high oil prices has been a central argument used in the businessman’s defence during the extradition case. During the hearings in London that commenced in December last year, and concluded in mid-September, Britain’s Crown Prosecution Service, which represents India in their attempt to extradite Mr. Mallya, had argued that he had never intended to repay the loan, used false grounds to obtain them, and then used funds for purposes they had never been intended, while attempting to squirrel away funds.

History of this topic

Vijay Mallya says 'entitled to relief' after FM tells parl Rs 14,000 cr recovered
3 weeks, 6 days ago
Vijay Mallya claims has paid double his debt, now ‘entitled to relief’
3 weeks, 6 days ago
Vijay Mallya hits back at FM Nirmala Sitharaman, asks how can I still be an offender, if...?
4 weeks ago
Fresh blow to Vijay Mallya: SEBI bars fugitive liquor baron from securities trading for 3 years
5 months, 2 weeks ago
Fresh trouble for Vijay Mallya, CBI issues non-bailable warrant in ₹180-crore loan default case
6 months, 1 week ago
Mallya Sent Funds to Children's Accounts & Force India F1 Team as Kingfisher Flew in Debt Turbulence
1 year, 9 months ago
Vijay Mallya Had Funds to Repay Banks Before Fleeing, Chose to Buy 'Assets Worth Rs 330 Cr Abroad'
1 year, 9 months ago
Vijay Mallya: India’s supreme court rules against businessman who fled to UK
2 years, 6 months ago
Vijay Mallya sentenced to four months in jail by SC in contempt case
2 years, 6 months ago
₹2000 fine, 4-month jail to Vijay Mallya; ‘didn’t show remorse,’ says SC
2 years, 6 months ago
Supreme Court Sentences Vijay Mallya To 4 Months Imprisonment For Contempt Of Court; Asks Him To Deposit 40 Million US Dollars
2 years, 6 months ago
'Didn't show any remorse, adequate punishment must': SC on Vijay Mallya
2 years, 6 months ago
Setback for Vijay Mallya as Supreme Court to declare punishment on Monday
2 years, 6 months ago
BREAKING| Supreme Court To Pronounce Sentence Of Vijay Mallya For Contempt Of Court On July 11
2 years, 6 months ago
Supreme Court Reserves Orders On Sentence Of Vijay Mallya In Contempt Case
2 years, 10 months ago
Supreme Court adjourns hearing on contempt case filed against fugitive Vijay Mallya
2 years, 10 months ago
Supreme Court adjourns Vijay Mallya\'s contempt case hearing for next week
2 years, 10 months ago
Supreme Court Adjourns Vijay Mallya's Sentence Hearing In Contempt Case For Next Week
2 years, 10 months ago
Vijay Mallya case: SC gives last chance to fugitive businessman to defend himself in contempt case
2 years, 11 months ago
Vijay Mallya gets last chance to defend himself, asked to appear in SC on Feb 24
2 years, 11 months ago
Fugitive businessman Vijay Mallya faces eviction from his luxurious London home over unpaid loans
2 years, 11 months ago
Vijay Mallya contempt case to be dealt with finally on Jan 18: Supreme Court
3 years, 1 month ago
Supreme Court says contempt matter involving Vijay Mallya to be dealt with on 18 January
3 years, 1 month ago
Kingfisher Airlines Case: Vijay Mallya Mocks Banks for Saying He Still Owes Them Money
3 years, 5 months ago
Fugitive economic offender Vijay Mallya declared bankrupt by London court
3 years, 5 months ago
SBI-led bank consortium gets Rs 792 crore by sale of Kingfisher Airlines' shares in Vijay Mallya case
3 years, 5 months ago
Court allows banks to sell Vijay Mallya's real estate assets and securities
3 years, 7 months ago
Where Was Fraud, Asks Vijay Mallya over PMLA Court's Nod to Sell His Properties to Recover Loans
3 years, 7 months ago
Vijay Mallya loses UK appeal for more funds to cover Indian legal fees
3 years, 7 months ago
Liquor Tycoon Vijay Mallya Denied Permission to Appeal in UK Bankruptcy Case
4 years ago
Vijay Mallya's Property in France Worth Rs 14 Crore Seized under PMLA: ED
4 years, 1 month ago
Britain Feels The Pressure over Vijay Mallya - News18
4 years, 2 months ago
Vijay Mallya asked to be present in court on 5 Oct, SC asks home ministry to ensure his attendance
4 years, 4 months ago
SC Rejects Vijay Mallya's Plea Seeking Review of 2017 Order in Contempt Case
4 years, 4 months ago
Supreme Court dismisses Vijay Mallya’s review plea in contempt case
4 years, 4 months ago
Indian government tells the UK not to offer asylum to Vijay Mallya
4 years, 7 months ago
Vijay Mallya can be extradited anytime, all legalities done
4 years, 7 months ago
India moves closer in getting Vijay Mallya extradited
4 years, 8 months ago
U.K. High Court rejects Vijay Mallya’s plea for permission to move Supreme Court
4 years, 8 months ago
Former liquor baron Vijay Mallya loses leave to appeal against extradition in UK Supreme Court
4 years, 8 months ago
Mallya asks the Indian government to take the loan money and close the cases against him
4 years, 8 months ago
[Breaking] Set Back To Vijay Mallya As UK High Court Rejects His Application To Appeal To UK SC Against Extradition To India
4 years, 8 months ago
Former liquor baron Vijay Mallya asks govt to accept loan repayment offer, close case against him
4 years, 8 months ago
Vijay Mallya asks govt to consider his loan repayment offer, close case against him
4 years, 8 months ago
Vijay Mallya files appeal in UK Supreme Court against extradition order to India on charges of fraud, money laundering
4 years, 8 months ago
Vijay Mallya seeks nod to move U.K. Supreme Court
4 years, 8 months ago
Disappointed, but will continue legal fight against extradition: Vijay Mallya
4 years, 8 months ago
UK Court Rejects Fugitive Economic Offender Vijay Mallya's Appeal Against Extradition Order [Read Judgment]
4 years, 8 months ago
Vijay Mallya's appeal against extradition to India rejected by UK High Court
4 years, 8 months ago
Vijay Mallya loses UK High Court appeal in extradition case
4 years, 8 months ago

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