Vijay Mallya In UK Court For Verdict On Extradition | Read
Whether fugitive tycoon Vijay Mallya will be extradited to India to face fraud investigations is likely to be decided by a court in the UK today. "I want to disprove the narrative that I have stolen... My offer (for settlement) is not bogus," the 62-year-old told reporters as he arrived at the London court today. He is wanted for alleged fraud and defaulting on Rs. 9,000 crore in loans to his defunct Kingfisher Airlines. The flamboyant businessman left India in 2016 after a consortium of banks got together to start legal proceedings to recover the loans. He has been living in a mansion near London since.
