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Vijay Mallya On London HC Rejecting His Plea: Will Pursue Further Legal Remedies

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Mallya will ‘pursue additional authorized cures’ as urged by his lawyer. He took to his Twitter deal with and wrote that he’s disillusioned with the Excessive Court docket determination

On April 20, London Excessive Court docket rejected liquor baron Vijay Mallya’s extradition plea. The enterprise tycoon misplaced his enchantment in London in opposition to a 2018 determination to extradite him to India. In India, he has been below prices of monetary fraud value round Rs 9,000 crore borrowed by his Kingfisher Airways (KFA) from a number of Indian banks. It resulted within the collapse of Kingfisher Airways in 2012.

Mallya will ‘pursue additional authorized cures’ as urged by his lawyer. He took to his Twitter deal with and wrote, “I’m naturally disillusioned with the Excessive Court docket determination. I’ll proceed to pursue additional authorized cures as suggested by my attorneys. I’m additionally disillusioned with the media narrative which states that I need to face trial in India for a fraud of Rs 9000 crores.”

Examine his tweet right here.

In one other tweet, he wrote, “The Banks have already recovered in money a sum of Rs 2500 crores which is 50 % of the Principal quantity. I’ve repeatedly provided to repay the Banks in full however, sadly to no avail.”

For extra such updates, keep tuned to this area.

Additionally Learn: Vijay Mallya Loses UK Excessive Court docket Attraction In Extradition Case …

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