Thursday, March 28, 2024
ADVT 
International

Vijay Mallya Offers To Pay 100% Principal Amount, Makes 'Humble Request' To Banks, Govt On Twitter

Darpan News Desk IANS, 04 Dec, 2018 11:57 PM

    Fugitive liquor tycoon Vijay Mallya on Wednesday said his extradition from the UK to India will take its own legal course, while offering to pay back 100 per cent 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 per cent 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.

     

    He, however said, "Politicians and media are constantly talking loudly about me being a defaulter, who has run away with PSU bank money. All this is false.

     

    "Why don't I get fair treatment and the same loud noise about my comprehensive settlement offer before Karnataka High Court. Sad."

     

    He claimed he had made the offer to settle the dues to the banks since 2016.

     
     
     
     
     
     
     
     

    Reflecting on the downfall of KFA, he said, "Airlines are struggling financially because of high aviation turbine fuel (ATF) prices."

     

    He further said Kingfisher also faced the "highest ever crude prices of US$ 140 per barrel."

     

    "Losses mounted and that's where the banks' money went. I have offered to repay 100 per cent of the principal amount to them. Please take it," he tweeted.

    MORE International ARTICLES

    Canadian Astronaut Says Launch Most Dangerous Part Of Upcoming Space Mission

    Canadian Astronaut Says Launch Most Dangerous Part Of Upcoming Space Mission
    MONTREAL — Canadian astronaut David Saint-Jacques is bracing for some tense moments during next Monday's launch of the Soyuz rocket that will send him and two others to the International Space Station.

    Canadian Astronaut Says Launch Most Dangerous Part Of Upcoming Space Mission

    Trump Derides Lawyer Michael Cohen As 'Weak Person' After Bombshell Guilty Plea

    Trump Derides Lawyer Michael Cohen As 'Weak Person' After Bombshell Guilty Plea
    WASHINGTON — U.S. President Donald Trump is deriding Michael Cohen as a "weak person" after his former lawyer's bombshell admission that he lied to Congress last year about an abandoned plan to build a Trump Tower in Moscow.

    Trump Derides Lawyer Michael Cohen As 'Weak Person' After Bombshell Guilty Plea

    Navjot Sidhu Can Win Election Even In Pakistan: Imran Khan

    The corridor made headlines in August after the Punjab Cabinet minister and Congress leader visited Pakistan to attend Prime Minister Khan’s swearing-in ceremony.

    Navjot Sidhu Can Win Election Even In Pakistan: Imran Khan

    UK Bus Company Fined For Fatal Crash By Indian-Origin Driver Kailash Chander

    UK Bus Company Fined For Fatal Crash By Indian-Origin Driver Kailash Chander
    A bus company in the UK has been fined 2.3 million pounds for significant health and safety failings in allowing a fatigued Indian-origin driver to carry on driving that led to a crash causing the deaths of two people.

    UK Bus Company Fined For Fatal Crash By Indian-Origin Driver Kailash Chander

    Sikhs In America Hail Indian Govt’S Decision To Build Kartarpur Corridor

    Sikhs In America Hail Indian Govt’S Decision To Build Kartarpur Corridor
    The Sikhs in America have hailed the Indian government’s decision to build a religious corridor linking border district of Gurdaspur with historic Kartarpur Sahib gurudwara in Pakistan—fulfilling a long pending demand of the community.

    Sikhs In America Hail Indian Govt’S Decision To Build Kartarpur Corridor

    Pak Will Never Again Fight 'Imposed Wars' On Its Territory: Imran Khan

    Imran Khan's remarks came days after Trump reiterated that the USD 1.3 billion in aid to Pakistan will remain suspended until the country acts against militant safe heavens inside its territory.

    Pak Will Never Again Fight 'Imposed Wars' On Its Territory: Imran Khan