Home Government and Policy As extraditions continue, Vijay Mallya claims DRT has attached more than he owed, alleges harassments by banks' UK lawyers

As extraditions continue, Vijay Mallya claims DRT has attached more than he owed, alleges harassments by banks’ UK lawyers

India has recently successfully extradited AgustaWestland middleman Christian Michel and has already extradited two top-level corporate lobbyists named Rajiv Saxena and Deepak Talwar this week.

Fugitive tycoon Vijay Mallya has stated recently in a series of tweets that the consortium of Indian banks has already attached much more than the amount he owed them. He also stated that the banks are now trying to prevent him from paying his tax dues in the UK.

Via Twitter

Mallya alleged that every morning, he wakes up to the news of another attachment by the Debts Recovery Tribunal (DRT) of his properties in India. He added that the total value of the properties attached so far has crossed Rs 13,000 crores already.

- Ad - - article resumes -

Mallya alleged that as the banks have claimed that the total debts he owes to them stand at Rs 9000 crores including all dues and taxes, which is further subject to review.

Claiming that the value of his attached assets has now crossed Rs 13,000 crores, Mallya claimed that still he is being painted as the one who ran away with the money.

via Twitter

Mallya further added that despite all the attachments of his properties, the banks through their lawyers in the UK are further harassing him by pursuing multiple frivolous litigations against him. He accused the banks of spending public money on legal fees in a brazen manner.

Mallya further stated that the lawyers of the banks have also objected in writing to him paying his legitimate tax dues to Her Majesty’s Revenue and Customs (HMRC).  Claiming an irony, Mallya stated that the Indian banks want his money in England to settle a debt that is already settled through attachments while denying the UK taxpayers their due by stopping him from paying his taxes.

Mallya was declared a fugitive economic offender on January 5 this year, paving way for the Indian authorities to seize his assets for the recovery of his debt

A court in the UK had ordered Mallya’s extradition after many diplomatic negotiations and legal tussles in London. Mallya had left the country in March 2016 and has been a fugitive since.

India has recently successfully extradited AgustaWestland middleman Christian Michel and has already extradited two top-level corporate lobbyists named Rajiv Saxena and Deepak Talwar this week. Seeing Mallya’s meltdown on Twitter, it can be assumed that Mallya is now wary of his imminent extradition and the subsequent trials.

Help Opindia Reach Every Indian. Share This Post
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Big Story

NCP chief Sharad Pawar expressed his admiration for terror state Pakistan stating that the people of Pakistan are "very hospitable" while blaming BJP govt for spreading lies about Pakistan for political gains

2019 World Cup Is Here!

Catch the latest on Cricket World Cup as it unfolds, special coverage by Opindia

To Advertise on Opindia.com Click here

Rakesh Jhunjhunwala slams notions of economic crisis gripping the country

“I don’t want Pappu to be my Prime Minister”: Investor Rakesh Jhunjhunwala says PM Modi has performed very well

In an explosive interview, Rakesh Jhunjhunwala pulled no punches in rubbishing the doomsayers casting aspersions on Modi government

Fact-Check: Is Zaira Wasim making a comeback with The Sky Is Pink after quitting Bollywood for Islam?

The trailer The Sky Is Pink starring Priyanka Chopra and Farhan Akhtar was released on 10th September and it also starts Zaira Wasim
Imran Khan has assumed that all 1.2 billion Muslims in the world are jobless enough to listen to his useless rants

Imran Khan’s new Friday fad: Comes to PoK to declare that Indian Muslims will rise against India

PoK activist Amjad Ayub Mirza had stated yesterday that Khan's party and the Pakistani authorities had ferried people from Abottabad and Rawalpindi to attend the rally.

Raj Thackeray’s MNS, with zero Vidhan Sabha seats, threatens to boycott forthcoming Maharashtra Assembly elections

Raj Thackeray's MNS is contemplating to boycott the upcoming Maharashtra state assembly elections
Allahabad University professor goes on indefinite leave after video insulting Hindu gods goes viral

Allahabad University professor who had boasted of urinating on a Shivling in viral video goes on indefinite leave, claims ‘lynching’ fear

Dr Vikram Harijan had claimed in the video that he had once urinated on a Shivling just to prove that the gods cannot do him any harm.
Vivek Ranjan Agnihotri

Vivek ‘Ranjan’ Agnihotri speaks about caste politics being played in Bollywood

Vivek Agnihotri responds to Neeraj Ghaywan’s tweets, and also shares a hitherto unknown trivia about his full name.

Committed to holding transparent recruitment: Railways rubbishes Ravish Kumar’s claims on RRB Group D exams

In the post addressed to Railway Minister Piyush Goyal, Ravish Kumar claimed that many students have been left behind and have not ben able to fill the forms of RRB Group D exams.
Neeraj Ghaywan wants reservations in Bollywood

When Bollywood starts asking ‘Kaun Jaat Ho?’

A young filmmaker responds to Director Neeraj Ghaywan’s policy of hiring people from certain castes only.

Tej Pratap Yadav accuses wife of defaming him by leaking stories to Media, says she wants to ‘scandalise the court’

Today, a video surfaced where Rai was seen leaving teary-eyes from her mother-in-law, Rabri Devi's house.

Liberals opposing award to PM Modi over Swachch Bharat shows how little they care about real issues

'Liberals' want the award to be redirected to “community-based organizations and grassroots advocates" instead of PM Modi, in short, they want the award to be given to people like them.
Subscribe to Day's Top Stories
[newsletter_form type="minimal"]
- Advertisment -

Latest articles

Connect with us

182,718FansLike
179,644FollowersFollow
97,198SubscribersSubscribe
Help Opindia Reach Every Indian. Share This Post