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Vijay Mallya lost an appeal to the High Court of Great Britain against extradition last month.
London / New Delhi:
Business magnate Vijay Mallya was denied permission to appeal to the UK Supreme Court on Thursday against a High Court order that upheld a 2018 ruling to extradite him to India to face fraud charges as a result of the collapse of his defunct company Kingfisher Airlines.
The decision ends his legal options to challenge his extradition. Under the India-UK Extradition Treaty, the UK Home Office Priti Patel is now expected to formally certify the court order that Vijay Mallya be extradited to India within 28 days.
India wants to recover the 64-year-old businessman, whose interests range from aviation to liquor, for more than Rs 9 billion in loans Kingfisher obtained from banks, which authorities argue he had no intention of paying. Vijay Mallya denies the charges against him and is currently on bail.
Last month, he lost an appeal to the High Court of Great Britain against extradition. “The SDJ (Superior District Judge) had the right to determine that there was a prima facie case of fraud for false representation,” the Superior Court said in its 23,000-word ruling.
Vijay Mallya, co-owner of the Force India Formula One motor racing team that went into administration in 2018, was dubbed “the King of good times” for the slogan of one of his premium beers and his party lifestyle.
His extradition would be a major victory for Prime Minister Narendra Modi, who has faced pressure from political opponents to bring to justice several people who have fled India in recent years to escape prosecution, many for non-compliance. of loans.
“The UK Extradition Act allows appeal to the Supreme Court only if there is an” important point of the law “that must be resolved … that also within a period of 14 days. Even if you choose an appeal, it is unlikely to be allowed as there is no important point in the law to be resolved in this case. Mallya’s extradition is confirmed and sealed, “an official with the Indian police agency told NDTV last month.
Vijay Mallya has repeatedly said that Indian banks can recover 100 percent of the principal amount owed to them.
Earlier Thursday, he tweeted:
Congratulations to the Government on a Covid 19 aid package. They can print as much money as they want, BUT should a small taxpayer like me who offers 100% recovery on Bank loans be constantly ignored? Please take my money unconditionally and close.
– Vijay Mallya (@TheVijayMallya) May 14, 2020
Vijay Mallya’s attorney, Clare Montgomery, had argued that Judge Emma Arbuthnot’s 2018 extradition ruling had “multiple errors” because it failed to take into account all the evidence about Kingfisher Airlines’ financial status.
In 2018, Judge Arbuthnot rejected Vijay Mallya’s argument that the case was motivated by political considerations, that he would not receive a fair trial in India, and that extradition would violate his human rights.
In his view, he said that Indian bank officials could have been “in bondage to this glamorous, flashy, famous, gem, bodyguard, blatantly billionaire who charmed and coaxed them” into ignoring their own rules and regulations.
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