Why my settlement offer linked to extradition? Mallya asks
New Delhi, Dec 6 (IBNS): Fugitive liquor baron Vijay Mallya has rejected any link between his settlement offer and his extradition, which will be decided by the UK court soon.
A day after the extradition of AgustaWestland middleman Christian Michel, Mallya on Wednesday offered to pay 100 percent of the public money and also urged the government and bank to take it.
In a tweet on Thursday, Mallya also rejected any link between his proposal to repay the debt and Michel's extradition.
He said: "Respectfully to all commentators, I cannot understand how my extradition decision or the recent extradition from Dubai and my settlement offer are linked in any way. Wherever I am physically,my appeal is “Please take the money”. I want to stop the narrative that I stole money"
Respectfully to all commentators, I cannot understand how my extradition decision or the recent extradition from Dubai and my settlement offer are linked in any way. Wherever I am physically,my appeal is “Please take the money”. I want to stop the narrative that I stole money
— Vijay Mallya (@TheVijayMallya) December 6, 2018
Mallya, owner of the now-defunct Kingfisher Airlines who now lives in the UK, fled India in March 2016. He owes around Rs. 9,000 crore to banks and faces trial on different counts ranging from defaulting of loans and money syphoning.
On November 22, Bombay High Court dismissed a plea filed by Mallya seeking a stay on the Enforcement Directorate's request to declare him a fugitive economic offender and confiscate his properties.
The Enforcement Directorate wants Mallya to be tagged a "fugitive" under the the Fugitive Economic Offenders’ Act, 2018.
Once someone is named a fugitive economic offender, the prosecuting agency has the powers to confiscate properties of the accused.
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