Vijay Mallya denies defaulting Rs 9,000cr of Indian banks

Shubhanshu Sharma
Published on: 13 Jun 2017 1:05 PM GMT
Vijay Mallya denies defaulting Rs 9,000cr of Indian banks
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Vijay Mallya denies defaulting Rs 9,000cr of Indian banks

London: Fugitive Indian liquor baron Vijay Mallya, who is wanted for defaulting on bank loans, said on Tuesday that he has not eluded any court and rubbished all allegations levelled against him.

"I have nothing to say as the court proceedings are on and I deny all allegations that have been made and I will continue to deny them," Mallya said before appearing in a London court in connection with the extradition proceedings sought by the Indian government.

Mallya, who owes as much as Rs 9,000 crore to a consortium of Indian banks, fled to Britain in March last year. India is seeking his extradition for which the procedure has already begun and a team of the Enforcement Directorate and Central Bureau of Investigation is chalking out the process.

Also Read: Extradition hearing of Vijay Mallya to take place today in London

When a questioner noted that he has been in Britain for the last 15 months and was eluding courts in India, he said: "I have not eluded any court. It is my lawful duty to be here and I am here (London court)."

Asked what he expected would happen in the court, the chairman of the now-defunct Kingfisher Airlines said: "I have no expectations and you can hear what the court says."

Mallya also said he had "enough evidence" to fight the case, but parried a question whether he fears that a trial in India would be unfair to him.

With IANS Inputs

Shubhanshu Sharma

Shubhanshu Sharma

Writer has 6 years of experience in digital media. Presently working as Senior Sub Editor at newstrack.com. An avid reader and always willing to learn new things and techniques.

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