After losing appeal in UK court, Vijay Mallya faces extradition to India
London/IBNS: Fugitive Indian businessman Vijay Mallya on Thursday exhausted all legal options to evade extradition, after he was denied permission to appeal to the UK Supreme Court against a High Court order that upheld a 2018 order to extradite him to India to face charges of fraud, media reports said.
Mallaya, whose owned the now defunct Kingfisher Airlines, has been accused of committing fraud and laundering nearly Rs9,000 crore, which he took in loans from different PSU banks, with no intention to return, said reports.
He was arrested by the UK police in April 20, 2017 on the request of Indian investigating agencies.
Earlier today, Mallya urged the government to accept his unconditional loan repayment to state-run banks and close the case against him.
He tweeted :"Congratulations to the government for a Covid-19 relief package. They can print as much currency as they want BUT should a small contributor like me who offers 100 per cent payback of state-owned bank loans be constantly ignored? Please take my money unconditionally and close," Mallya had tweeted.
Congratulations to the Government for a Covid 19 relief package. They can print as much currency as they want BUT should a small contributor like me who offers 100% payback of State owned Bank loans be constantly ignored ? Please take my money unconditionally and close.— Vijay Mallya (@TheVijayMallya) May 14, 2020
In April, he lost an appeal against his extradition in British High Court.
"The SDJ (senior district judge) was entitled to find that there was a prima facie case of fraud by false representation," the High Court ruling had said, according to an NDTV report.
The report said that Mallya could be back in less than 30 days the UK Home Office of minister Priti Patel is now expected to formally certify his extradition order within 28 days.