New Delhi: Fugitive businessman Vijaya Mallya on Thursday lost his appeal against his extradition to India. He has been denied permission to appeal to the UK Supreme Court against a High Court order that upheld a 2018 ruling to extradite him to India to face fraud charges.
Last month, the Indian businessman lost his appeal in the London High Court against an extradition order to India on alleged charges of money laundering related to unrecovered loans to defunct Kingfisher Airlines.
Earlier, today Mallya had urged the government to unconditionally accept his offer of bank loan repayment and close the case against him. In a tweet, the embattled liquor baron alleged that his offer of 100 per cent payback to a consortium of public sector banks is being constantly ignored.
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
Vijay Mallya, promoter of the defunct Kingfisher Airlines is wanted in India over alleged fraud and money laundering charges amounting to estimated ₹9,000 crore. He was arrested by the UK authorities on April 20, 2017 on the request of the Indian investigative agencies.
UK Home Secy to take final call on Mallya’s fate
UK Home Secretary Priti Patel will now take a final call to formally certify the court order for Mallya to be extradited to India within 28 days.
The UK Crown Prosecution Service (CPS) said that Vijay Mallya’s appeal to certify a point of law was rejected on all three counts, of hearing oral submissions, grant a certificate on the questions as drafted, and grant permission to appeal to the Supreme Court.
