November 06, 2024 07:24 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region
Vijay Mallya suffers setback in UK High Court, loses appeal against extradition

Vijay Mallya suffers setback in UK High Court, loses appeal against extradition

| @indiablooms | 20 Apr 2020, 10:23 am

London/IBNS: The England and Wales High Court on Monday dismissed fugitive businessman Vijay Mallya's appeal against his extradition to India, media reports said.

Mallya is wanted in India for defaulting on Rs 9,000 crore in loans to his failed Kingfisher Airlines which closed operations in 2012.

Now British Home Secretary Priti Patel will take the final decision on Mallya's extradition.

Mallya, owner of the now-defunct Kingfisher Airlines who now lives in the UK, fled India in March 2016.

The businessman in a tweet on Mar 31 said his offer to clear the dues was not entertained by the banks.

Mallya had tweeted, "I have made repeated offers to pay 100 % of the amount borrowed by KFA to the Banks. Neither are Banks willing to take money and neither is the ED willing to release their attachments which they did at the behest of the Banks. I wish the FM would listen in this time of crisis."

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.