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

    British Council Lists 70 Indian-Origin Words

    Words like pashmina, dal, chutney and pyjamas form part of a list of 70 Indian origin words included in the Oxford English Dictionary unveiled by the British Council here on Thursday as part of its 70th anniversary in India.

    British Council Lists 70 Indian-Origin Words

    Indian-American Businessman Shalabh Kumar To Host Thanksgiving Party For Sanjay Leela Bhansali

    Indian-American businessman Shalabh "Shalli" Kumar will host a Hollywood Thanksgiving dinner for Bollywood director Sanjay Leela Bhansali.

    Indian-American Businessman Shalabh Kumar To Host Thanksgiving Party For Sanjay Leela Bhansali

    Indo-Canadian Doctor Forges Degree, Fined In Dubai

    Indo-Canadian Doctor Forges Degree, Fined In Dubai
    An Indo-Canadian female dermatologist, found guilty of forging and using a fake diploma as well as other documents to practice medicine in Dubai, has lost her appeal against a six-month jail term.

    Indo-Canadian Doctor Forges Degree, Fined In Dubai

    WATCH: Indian Diplomats Stopped From Meeting Visiting Sikh Pilgrims In Pakistan

    Amid news of some positive movement on the issue of opening of Kartarpur corridor, India-Pakistan ties were shadowed with controversy yet again.

    WATCH: Indian Diplomats Stopped From Meeting Visiting Sikh Pilgrims In Pakistan

    Manish Tewari Equates Brahmins With Jews, Only To Retract Later

    Congress leader Manish Tewari came out in support Twitter CEO Jack Dorsey who is in the eye of a storm after his photo holding a poster during a round-table with women journalists that read "Smash Brahminical Patriarchy" went viral on social media.

    Manish Tewari Equates Brahmins With Jews, Only To Retract Later

    Done Nothing To Help Us: Trump On Stopping $1.3 Billion Aid To Pakistan

    Donald Trump's statement came days after he said that Pakistan does not do "a damn thing" for the US, alleging that its government had helped al-Qaeda chief Osama bin Laden hide near its garrison city of Abbottabad.

    Done Nothing To Help Us: Trump On Stopping $1.3 Billion Aid To Pakistan