Arun Jaitley slams at Mallya for false claim

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Vijay Mallya arrives at Westminster Magistrates Court in London, Britain, September 12, 2018.

"There is an terrible lot to go over..."

The extradition trial, which opened at the London court on 4 December a year ago, is aimed at laying out a prima facie case of fraud against Mallya.

Mallya had told reporters outside a court in London, where he is fighting extradition to India, that he had met Jaitley to settle matters.

The Crown Prosecution Service (CPS), arguing on behalf of the Indian government, countered this with arguments that Mallya had intended, "from the outset", never to repay the loans he sought for his struggling airline and misrepresented its profitability. The second time it was done by the request of the government, he added, citing what he said were letters from the Reserve Bank of India.

"That this was a carefully thought out dishonest strategy knowing KFA was bound to fail is just nonsense".

"This is a financial disaster for him as much as the banks".

Mallya added that he had made a "comprehensive settlement" offer before the Karnataka High Court that will help in paying off all his dues.

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Sure there is nowhere back for Vijay Mallya, as he looks increasingly likely to be extradited back to India. "This is a matter in which CBI has been forced to file charges", she said. But, it was nearly a week by then since Mallya left the country.

He went on to claim that the BJP had proof that the Gandhi family was helping Vijay Mallya with "sweet" deals.

Reacting on the issue, BJP leader Subramanian Swamy tweeted, "I learn from my sources that the Lookout Notice issued by CBI for Mallya was modified from "Block Departure" to "Report Departure" on October 24, 2015 on orders from someone in MoF. Who?"

"Mr Asthana has been solemnly sitting in court". "Absolutely shocking. PM Modi meets Neerav (sic) Modi before he flees the country".

"He paced up to catch up with me and while walking uttered a sentence that "I am making an offer of settlement", the Minister said.

"I had a scheduled meeting in Geneva". "There was no need to run and the allegations are media created allegations", he said. "I am certainly a scapegoat, I feel like a scapegoat. If I'm wrong I'll resign from politics".

In an 8-minute long video accessed exclusively by News18, pictures of barrack number 12 of Arthur Road jail in Mumbai were leaked.

Mallya's defence team has deposed a series of expert witnesses to claim he had no "fraudulent" intentions and that he is unlikely to get a fair trial in India.

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