Afternoon D & C Dedicated To Mumbai
Home > Business > Mallya offers to return 100% of public money

Mallya offers to return 100% of public money

Thursday, December 06, 2018

Fugitive liquor tycoon Vijay Mallya yesterday said his extradition from the UK to India will take its own legal course, while offering to pay back 100% of "public money".

Mallya, who has been fighting a legal battle against his extradition to India, claimed that he has been falsely dubbed as a "defaulter" by politicians and media. "I see quick media narrative about my extradition decision. That is separate and will take its own legal course," he said in a series of tweets.

In September, a UK court had fixed December 10 as the date to deliver its verdict on whether beleaguered liquor baron can be extradited to India to face charges of fraud and money laundering amounting to around Rs 9,000 crore.

He further said, "The most important point is the public money and I am offering to pay 100% back. I humbly request the banks and government to take it. If payback refused, WHY (sic)," he added. Mallya, who fled to the UK in March 2016, is wanted in India over default of Rs 9,000 crore that was loaned to Kingfisher Airlines (KFA) by several banks.

COMMENTS
No Comments Posted
POST YOUR COMMENTS
Name:  
 
Email:    
Comments:
 
 
City news
Go on flash strike against attack during demoliti
Had refused to give Rs 50 for cigarettes ...
With a view to prevent child mortality, the ...
Is it safe to have intercourse during the menses?
Dr. Rajan B. Bhonsle, M.D. (Bom)
Consulting Sex Therapist & Counsellor
Dr. (Mrs.) Minnu R. Bhonsle, Ph.D.
Consulting Psychotherapist & Counsellor
Astrology
Select Sun sign:
 
Aries (Mar 21 - Apr 20)
Aries (Mar 21 - Apr 20)Ganesha anticipates some exciting times for you. You are likely to meet some people today who will prove to be assets in the future. You apply yourself to perfection in work, and in your thinking. Towards that end, says Ganesha, you will have to remain practical.
- Advertising -
Parminder Gill, Co-Founder of EduSports and Head
How we can frame child-centric Solution in Indian
The students at Don Bosco High School, Matunga fo
Read More