- 9 thousand crore rupees owed to Indian banks on fugitive Vijay Mallya, had fled to London in March 2016
- Mallya wanted to appeal to the Supreme Court against the extradition decision, but the High Court did not allow
May 14, 2020, 06:37 PM IST
new Delhi. Fugitive liquor baron Vijay Mallya can be extradited to India within 28 days. On Thursday, his petition against the extradition decision was rejected by the British High Court. This will not allow him to plead in the Supreme Court. Now Mallya has the only option to appeal to the European Court of Human Rights (ECHR). If he does not use it, he can be brought to India soon.
According to local media reports, Britain's Home Minister Preeti Patel may also take a decision on Mallya's extradition in 28 days. Earlier, Mallya once again requested the Government of India to take the outstanding loan. He tweeted on Thursday – Government should accept the proposal to repay 100% outstanding debt and all cases against me should be stopped.
Congratulations on 20 lakh crore relief package
Vijay Mallya, a liquor businessman and owner of Kingfisher Airlines, facing extradition to India in the UK, congratulated the government on announcing a relief package of Rs 20 lakh crore in the fight against Corona. Mallya wrote in the tweet, “Congratulations to the government for the Kovid-19 relief package. They can print as much as they want, but a small contributor like me, who wants to give 100 per cent of the outstanding loan of the State Bank of India, can be continuously ignored. ”
Congratulations to the Government for a Covid 19 relief package. They can print as much currency as they want BUT should a small contributor like me who offers 100% payback of state owned bank loans be constantly ignored? Please take my money unconditionally and close.
– Vijay Mallya (@TheVijayMallya) May 14, 2020
Take the money and close the case
Vijay Mallya has left the country and fled to London in March 2016 after taking an arrear of about Rs 9,000 crore from the consortium of State Bank-led banks. Mallya further wrote in his tweet, “Please take my money unconditionally and stop all cases against me.” Let me tell you that only last month, the British High Court rejected Vijay Mallya's appeal against extradition to India. Recently, Mallya has challenged the High Court's decision in the Supreme Court.
Mallya has proposed to repay the debt many times
63-year-old Vijay Mallya has made several proposals to repay the entire debt of Kingfisher Airlines to the Government of India. Even at the beginning of the lockdown, Mallya had proposed to repay the entire debt to the Government of India through a tweet. Mallya had said that neither the banks are ready to take the money nor the Enforcement Directorate (ED) is ready to release the attached property. Mallya had also sought help from the government to provide relief to the employees of his companies during the lockdown.
Major updates of Mallya case
Mallya owes these banks debt