September 02, 2026 01:48 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
CJP calls off Sept 5 Delhi march after Supreme Court quashes FIRs against protesters | ‘Dismantle entire terror ecosystem’: Modi’s strong message at SCO Summit in Shehbaz’s presence | Modi’s big appeal after 7.8% GDP growth: ‘Don’t travel abroad, avoid destination weddings’ | Modi-Pezeshkian talks: Iran seeks India’s 'extensive contacts' to end West Asia war | Indus Waters Treaty row: India rejects Hague court order, says ‘no jurisdiction’ over its sovereign decisions | India beats the odds with 7.8% GDP growth; PM Modi has a message for critics | PM Modi meets Iranian President Masoud Pezeshkian during SCO summit in Kyrgyzstan | ‘Islam superior to all religions’: Karnataka minister’s remark sparks BJP-Congress war; resignation demand grows | PM Modi meets Iran's President Masoud Pezeshkian during SCO summit in Kyrgyzstan | VHP breaks silence on Durga Puja ‘guidelines’: No blanket non-veg ban, clarifies stand on theme pandals amid backlash

No link between my settlement offer and extradition: Vijay Mallya

| @indiablooms | Dec 10, 2018, at 03:41 pm

London, Dec 10 (IBNS): Fugitive liquor baron Vijay Mallya on Monday said his settlement offer and his extradition have no links as both are separate issues.

Mallya arrived at a London court for a hearing in his extradition case on Monday.

He told reporters on his way to the court: "Whatever the judgement, my legal team will reveal the judgement and take proper steps thereafter. Yes I have tweeted saying that I want to repay, that has nothing to do with this extradition issue. It's a completely separate matter."

Speaking on his settlement offer, he said: "There is nothing genuine or ingenuine. Please understand that the offer has been made in a court of law. Nobody disrespects a court of law."

In a tweet on Thursday, Mallya also rejected any link between his proposal to repay the debt and AgustaWestland middleman Christian 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"

Mallya, the 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.

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.