INDIA
Hailing the UK court order on Vijay Mallya's extradition, Finance Minister Arun Jaitley Monday said the offender who benefited during the UPA rule is being brought to the book by the NDA government.
Hailing the UK court order on Vijay Mallya's extradition, Finance Minister Arun Jaitley Monday said the offender who benefited during the UPA rule is being brought to the book by the NDA government.
A UK court has ordered Mallya's extradition, in a major boost to India's efforts to bring back the fugitive wanted for loan default worth Rs 9,000 crore.
Delivering the verdict, Westminster Magistrates' Court Chief Magistrate Judge Emma Arbuthnot said that there was "no sign of a false case being mounted against him".
"Great Day for India. No one who cheats India will go scot free. The Judgement of UK's Court is welcome. An offender benefited during the UPA. The NDA brings him to book," Jaitley said in a tweet.
Mallya, who fled to the UK in March 2016, is wanted in India over default of Rs 9,000 crore that was loaned to Kingfisher Airlines (KFA) by several banks.
PM @NarendraModi had rightfully said, 'You can run but you can't hide, no one can escape the Law'. His promise to the nation has been fulfilled as a UK Court has ordered Vijay Mallya's extradition to India on charges of fraud #ModiGetsMallya pic.twitter.com/iziK7VzjTs
— Piyush Goyal (@PiyushGoyal) December 10, 2018
After #ChristianMichel, it’s the turn of #VijayMallya ... Under PM @narendramodi ji's leadership it’s proved that no one who cheats India will go scot free. The UK court order is a great victory for our govt's relentless efforts.. #ModiGetsMallya
— Suresh Prabhu (@sureshpprabhu) December 10, 2018
Prime Minister Narendra Modi is a man of his word! #ModiGetsMallya
— Amit Malviya (@amitmalviya) December 10, 2018
A welcome decision by the court of UK. No economic offender can run away with the people's money. Justice will prevail and our Government will bring the other economic fugitives back to the country. #ModiGetsMallya https://t.co/xLY6Nu48VC
— R. K. Singh (@RajKSinghIndia) December 10, 2018
Modi government reversing the scams of the UPA regime. One of India’s biggest economic offender, Vijay Mallya ordered to be extradited to India by UK Court.
— Mukul Roy (@MukulR_Official) December 10, 2018
Big win for India! #ModiGetsMallya
Welcome home !!!!!
— Koena Mitra (@koenamitra) December 10, 2018
Well done #CBI and Hon PM Shree @narendramodi ji.
#ModiBringsBackMichelMallya #ModiGetsMallya #MallyaExtraditionVerdict https://t.co/PiOSY0t447
In a major setback to Vijay Mallya, a UK court on Monday ordered his extradition to India, where he is wanted for alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores.
Westminster Magistrates' Court Chief Magistrate Judge Emma Arbuthnot ruled that Mallya can be extradited to India to stand trial on the charges brought by the CBI and ED.
The judge referred the extradition case to Secretary of State.
The ruling marked a significant point in the high-profile extradition trial that has lasted over a year.
Earlier in the day, Mallya sought to disprove the narrative that he has "stolen" money and said his offer to repay the principal amount to the Indian banks was "not bogus".
Mallya made the remarks while talking to reporters outside the Westminster Magistrates' Court. The 62-year-old former Kingfisher Airlines boss was on bail since his arrest on an extradition warrant in April last year.
"My settlement offer is made before the Karnataka High Court. It is not related to this extradition trial. Nobody disrespects a court of law by making a bogus offer. The assets have been attached by the ED so they cannot be bogus assets," he said, asserting that his offer to repay the principal amount was not bogus.
The embattled liquor tycoon said that the value of his assets is more than enough to pay everybody and that is exactly what he was focusing on.
"I want to disprove the narrative that I have stolen (money)," he said.
He said his legal team will review the judgment and take proper steps thereafter.
In reference to settlement offer to Karnataka High Court, Mallya said that he has requested the court that if the settlement is granted then first the employees of Kingfisher be paid.
The trial, which opened at the Magistrates' Court on December 4 last year, has gone through a series of hearings beyond the initial seven days earmarked for it. c
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