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Extradition blade hanging, Mallya offers to repay bank money

New Delhi: Absconding liquor baron Vijay Mallya, wanted in a Rs 9,000 crore bank loan default case, on Wednesday offered to pay back “100 per cent of the principal amount” as speculations over his extradition were raised after AgustaWestland middleman Christian Michel was brought in for interrogation.
Lashing out at the quick media narrative about his extradition to India, Mallya said: “I see the quick media narrative about my extradition decision. That is separate and will take its own legal course.
“The most important point is public money and I am offering to pay 100 per cent back. I humbly request the banks and government to take it. If payback refused, Why?” he said.
Late in 2017, India filed extradition proceedings against him which he has contested and pending the final verdict in the case, he is currently on bail in London. The court is set to pronounce its verdict on December 10.
Hitting out at the political parties and media for accusing him of running away with the money, the head of the now defunct Kingfisher Airlines said that all of the accusation was false.
“All this is false. Why don’t I get fair treatment and the same loud noise about my comprehensive settlement offer before the Karnataka High Court. Sad,” he said.
On September 12, during the hearing of his case in London’s Westminster Magistrates’ Court, Mallya told reporters that he left India after meeting Finance Minister Arun Jaitley in 2016, which the minister called “factually false”.
“I had a scheduled meeting in Geneva. I met the Finance Minister before I left… repeated my offer to settle with the banks. That is the truth.”
Mallya had said he had also told Jaitley that he was leaving for London.
Mallya, who left India on March 2, 2016, also claimed that he had made a comprehensive settlement offer before the Karnataka High Court. (IANS)

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