38.6c New Delhi, India, Friday, April 10, 2026
Top Stories Supreme Court
Political NEWS Legislative Corner Celebstreet International Videos
Subscribe Contact Us
close
Business

Vijay Mallya: Property more than my bank dues attached

By LawStreet News Network      01 February, 2019 12:00 AM      0 Comments
Vijay Mallya: Property more than my bank dues attached

On Friday, February, 1st 2019 Fugitive liquor baron Vijay Mallya claimed that his property worth over 13,000 crores have been attached, more than the claimed' 9,000 crores that he "ran away with" asking where is justice and how far will it go.

In a series of tweets, Vijay Mallya who appealed against a UK courts extradition verdict also claimed that the banks to which he owes money have given an open licence to their lawyers in England to pursue multiple frivolous litigations against him questioning the brazen spending of public money on legal fees.

Fugitive liquor baron Vijay Mallya also said that the DRT recovery officer recently attached his groups assets worth over Rs.13,000 crore in India on behalf of the consortium of banks.

Tweets Made by Vijay Mallya
 Tweeted by Vijay Mallya

Yet the narrative is that I ran away with the claimed amount of Rs. 9000 crore causing loss to the public sector banks. Where is Justice or fair play? Vijay Mallya asked.

Mallya also claimed that the banks lawyers in England have objected in writing to his paying my legitimate tax dues to HMRC which I requested.

Irony is, Indian state banks want my money in England to settle an Indian debt already secured and deny payment to the UK. tax exchequer. Disgraceful, he added.

Last year in December, Westminster Magistrates Court Chief Magistrate, Emma Arbuthnot had ruled in favour of extradition of Mallya, who was wanted in India for alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crore.

Later on, he had stated that he intended to file an application to appeal against a British courts verdict.



Share this article:

User Avatar
About:


Leave a feedback about this
TRENDING NEWS

rarest-of-rare-madurai-court-awards-death-sentence-to-9-cops-in-sathankulam-custodial-death-case
Trending Judiciary
‘Rarest of Rare’: Madurai Court Awards Death Sentence to 9 Cops in Sathankulam Custodial Death Case [Read Order]

Madurai court sentences 9 police personnel to death in Sathankulam custodial death case of Jayaraj and Bennix, calling it “rarest of rare.”

09 April, 2026 01:47 PM
family-unity-and-childs-welfare-must-prevail-hp-high-court-grants-bail-to-pocso-accused-husband-after-minor-wife-delivers-child
Trending Judiciary
Family Unity and Child’s Welfare Must Prevail: HP High Court Grants Bail to POCSO Accused Husband After Minor Wife Delivers Child [Read Order]

HP High Court grants bail to POCSO accused husband, citing family unity and welfare of minor wife and child born from the union.

09 April, 2026 02:43 PM

TOP STORIES

india-flags-off-ios-sagar-2026
Trending News Updates
India Flags Off IOS SAGAR 2026

India flags off IOS SAGAR 2026, a 50-day naval mission to boost maritime security, cooperation, and lawful trade amid rising West Asia tensions.

04 April, 2026 11:51 AM
un-security-council-to-vote-on-defensive-measures-in-strait-of-hormuz
Trending International
UN Security Council to Vote on Defensive Measures in Strait of Hormuz

UN Security Council to vote on defensive measures in Strait of Hormuz amid Iran tensions, balancing maritime security, global oil trade, and international law.

04 April, 2026 01:38 PM
madras-hc-grants-bail-to-man-who-showed-intimate-pictures-of-former-girlfriend-to-her-prospective-husband-causing-her-marriage-to-fall-through
Trending Judiciary
Madras HC Grants Bail to Man Who Showed Intimate Pictures of Former Girlfriend to Her Prospective Husband, Causing Her Marriage to Fall Through [Read Order]

Madras High Court grants bail to man accused of sharing intimate photos of ex-girlfriend with her prospective groom, leading to cancellation of marriage.

04 April, 2026 01:47 PM
todd-blanche-appointed-acting-us-attorney-general-after-bondis-removal
Trending International
Todd Blanche Appointed Acting U.S. Attorney General After Bondi’s Removal

Todd Blanche appointed Acting U.S. Attorney General after Pam Bondi’s removal, raising questions on DOJ independence and conflict of interest.

04 April, 2026 01:58 PM

ADVERTISEMENT


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email