HIGHLIGHTS | UK court orders extradition of Vijay Mallya
Indian tycoon Vijay Mallya should be extradited from Britain to India to face fraud charges resulting from the collapse of his defunct Kingfisher Airlines, a London court ruled on Monday.
Vijay Mallya moves out of the court after the Judge ruled his extradition.
Indian tycoon Vijay Mallya should be extradited from Britain to India to face fraud charges resulting from the collapse of his defunct Kingfisher Airlines, a London court ruled on Monday.
India wants to bring criminal action against Mallya, 62, whose business interests have ranged from aviation to liquor, over USD 1.4 billion in loans Kingfisher took out from Indian banks which the authorities argue he had no intention of repaying.
A defiant Vijay Mallya, had earlier on Monday sought to disprove the narrative that he has "stolen" money and said his offer to repay the principal amount to the Indian banks was "not bogus".
Mallya made the remarks while talking to reporters outside the Westminster Magistrates' Court before it delivered its verdict on his extradition after a year-long trial.
Legal Team will explore options, says Mallya
Mallya says it's unfortunte that the court has found me guilty on prima facie evidence
CBI spokesperson on Vijay Mallya to be extradited to India: We hope to bring him soon and conclude the case. CBI has its own inherent strengths. We worked hard on this case. We are strong on Law and facts and we were confident while pursuing extradition process.
UK Court finds Mallya guilty of money laundering
Chief Magistrate Judge Emma Arbuthnot has found prima facie a case against Vijay Mallya for fraud, conspiracy and money laundering.
UK Court Judge slams Mallya
UK Judge: Mallya misrepresented facts
Extradition in 28 days if Vijay Mallya loses appeal in High Court
Mallya can also move European court for justice
The matter of extradition of Vijay Mallya to India has been referred to the Secretary of State
India welcomes UK court's decision
CBI welcomes the decision: Central Bureau of Investigation on UK court orders extradition of Vijay Mallya to India
UK court orders Vijay Mallya's extradition
UK court orders Vijay Mallya's extradition
Employees first, says Vijay Mallya
Vijay Mallya: My employees are my first priority. In the last 2 years, we've made 2 separate applications to court to use the money deposited in the court to pay employees. The court hasn't given us a decision. If the court accepts my settlement offer, pay the employees first
Vijay Mallya in London when asked 'how genuine is his offer of settlement': There is nothing genuine or ingenuine. Please understand that the offer has been made in a court of law. Nobody disrespects a court of law. pic.twitter.com/jRs7DNtlSB
Mallya had earlier defended himself on Twitter and said he has not taken a 'single rupee'
Mallya tweeted: "With respect where have I defrauded Banks ? I did not borrow a single rupee. The borrower was Kingfisher Airlines. Money was lost due to a genuine and sad business failure. Being held as guarantor is not fraud."
Ahead of UK court verdict, Mallya says didn't steal anyone's money
"I have not stolen anyone's money. My offer to return the loan amount of banks is not a bogus one," Mallya said while responding to questions from the media persons in the court premises. "Extradition is entirely a different matter," he said.
