Vijay Mallya news: Vijay Mallya asks government to accept loan repayment offer, close case against him

NEW DELHI: Liquor baron Vijay Mallya, who is fighting his extradition to India, asked the government on Thursday to accept his offer to pay 100 percent of his loan installments and to close the case against him. While congratulating the Indian government on the Rs 20 lakh crore economic package, Mallya regretted that his repeated offers to pay his dues have been ignored.

“Congratulations to the government on a Covid 19 aid package. They can print as much money as they want BUT if a small taxpayer like me offering 100% recovery on State Bank loans is constantly ignored.” he said in a tweet.

Mallya, promoter of the defunct Kingfisher Airlines, which is wanted in India on alleged charges of fraud and money laundering for an estimated amount of Rs 9,000 crore, added: “Please take my money unconditionally and shut it down.”

Earlier this month, Mallya had filed an appeal with the UK Supreme Court after losing an appeal to the London Supreme Court against an extradition order to India on alleged charges of fraud and money laundering related to failed loans. recovered to Kingfisher Airlines.

In the past, Mallya had tweeted that he had offered to pay 100 percent of the amount borrowed by Kingfisher Airlines to the banks, but neither the banks were willing to take the money nor was the Executive Directorate willing to release its attached assets at the behest of the banks.