New Delhi: Former owner of the defunct Kingfisher Airlines, Vijay Mallya has again pleaded the Indian government to accept his offer of repayment of 100% of his loans and shut the case against him.
https://twitter.com/TheVijayMallya/status/1260722248060735489
In his previous tweets, he claimed that the amount stated in the allegations is wrong.
https://twitter.com/TheVijayMallya/status/1252355054050275329
https://twitter.com/TheVijayMallya/status/1252355494481559558
The fugitive is facing a legal combat in the UK, where he is residing since running away from India. The case is against the Indian government which is trying to get him exiled to India to face the ED in regards to the Rs. 9000 crore bank-fraud and money laundering case filed involving his non-operational Airlines, Kingfisher.
The latest offer from him comes 10 days after he filed an application in the UK Supreme Court to prevent execution of an earlier order that made his return to India imminent.
Mallya had tweeted in the past that he offered to pay in full the money borrowed by Kingfisher Airlines to the banks concerned but neither the banks were willing to take the money nor the Enforcement authorities were willing to release his assets seized due to the case.
Mallya had tweeted in the past that he offered to pay in full the money borrowed by Kingfisher Airlines to the banks concerned but neither the banks were willing to take the money nor the Enforcement authorities were willing to release his assets seized due to the case.
“I have repeatedly offered 100 % payback but sadly to no avail,” Mallya wrote earlier.
The ED has attached many properties of Mallya in the last few years under the Prevention of Money Laundering Act due to his deception.
Investigation is being carried out by the CBI and the Enforcement Directorate in connection with the loan fraud case of 2006.
He was arrested, on the request of the Indian investigative agencies, by the UK authorities on April 20, 2017. He is currently on bail.
Earlier this month, after losing an appeal in the London High Court last month, Mallya had filed a petition in the UK Supreme Court against an expatriation order to India on alleged cases of fraud and money laundering related to unpaid loans to his defunct Kingfisher Airlines.
