New Delhi: The 62-year-old former Kingfisher Airlines boss has been on bail since his arrest on an extradition warrant in April last year.
Embattled Vijay Mallya, wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores, is scheduled to return to the Westminster Magistrates’ Court in London on Monday when his extradition trial is listed for a judgment hand-down.
The 62-year-old former Kingfisher Airlines boss has been on bail since his arrest on an extradition warrant in April last year.
He has contested his extradition on the grounds that the case against him is “politically motivated” and the loans he has been accused of defrauding on were sought to keep his now-defunct airline afloat.
“I did not borrow a single rupee. The borrower was Kingfisher Airlines. Money was lost due to a genuine and sad business failure. Being held as guarantor is not fraud,” he said in his recent Twitter post on the issue.
“I have offered to repay 100 per cent of the principal amount to them. Please take it,” the flamboyant businessman tweeted earlier.
While dismissing that his intervention has anything to do with the extradition case, it came just days before Judge Emma Arbuthnot is expected to present her ruling in the case.