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Embattled liquor tycoon Vijay Mallya has suffered a big blow and could be extradited to India soon . A UK Court has in it’s latest ruling dismissed his appeal against extradition to India.
Lord Justice Stephen Irwin and Justice Elisabeth Laing, the two-member bench at the Royal Courts of Justice in London presiding over the appeal, dismissed the appeal in a judgment handed down remotely due to the current coronavirus lockdown.
“We consider that while the scope of the prima facie case found by the SDJ [Senior District Judge] is in some respects wider than that alleged by the Respondent in India [Central Bureau of Investigation (CBI) and Enforcement Directorate (ED)], there is a prima facie case which, in seven important respects, coincides with the allegations in India,” they ruled.
The once ‘King of Good Times’ Mallya is facing charges of fraud and money laundering amounting to Rs 9,000 crore, said to be borrowed by his now-defunct Kingfisher Airlines (KFA) from several Indian banks.
Mallya had earlier repeated in his tweet his willingness to pay 100 percent of the amount due to the banks
I have made repeated offers to pay 100 % of the amount borrowed by KFA to the Banks. Neither are Banks willing to take money and neither is the ED willing to release their attachments which they did at the behest of the Banks. I wish the FM would listen in this time of crisis.
— Vijay Mallya (@TheVijayMallya) March 31, 2020
