London court to decide on Vijay Mallya's extradition on Dec 10


London, Dec 9: The verdict whether liquor baron Vijay Mallya can be extradited to India will be pronounced on Monday, December 10 at Westminster Magistrates' Court. A joint team of CBI and ED, led by CBI Joint Director A Sai Manohar, has left for the UK to attend the court proceedings led by Judge Emma Arbuthnot.

The trial, which opened at the Magistrates' Court on December 4 last year, has gone through a series of hearings beyond the initial seven days earmarked for it. Vijay Mallya faces the charges of fraud and money laundering amounting to Rs 9,000 crore.

Mallya who has been on bail since his arrest on an extradition warrant in April last year has contested that the case against him is "politically motivated" and the loans he has been accused of defrauding on were sought by Kingfisher Airlines and not him.

“I did not borrow a single rupee. The borrower was Kingfisher Airlines. Money was lost due to a genuine and sad business failure. Being held as guarantor is not fraud,” he had tweeted his justification adding “I have offered to repay 100 per cent of the principal amount to them. Please take it.”

The Crown Prosecution Service (CPS) team led by Mark Summers had laid Indian government's prima facie case of fraud and money laundering against Mallya. Summers sought to establish a "blueprint of dishonesty" against the businessman and that there are no bars to his extradition on human rights grounds.

Meanwhile, Mallya's defence team, led by Clare Montgomery, attempted to prove that the erstwhile Kingfisher Airlines' alleged default of bank loans was the result of business failure rather than "dishonest" and "fraudulent" activity by its owner. The defence tried to establish that Kingfisher Airlines was suffering from consequences of a wider global financial crisis around 2009-2010 and that its failure was a result of factors beyond the company's control.

The court was also told that a consortium of Indian banks, led by State Bank of India (SBI), had rejected an offer by the liquor baron in early 2016 to pay back nearly 80 per cent of the principal loan amount owed to them.

Judge Emma Arbuthnot had noted, "There are clear signs that the banks seem to have gone against their own guidelines [in sanctioning some of the loans].”

Mallya’s jail cell becomes a bone of contention

Mallya’s lawyers had also contended Barrack 12 at Arthur Road Jail in Mumbai, where the businessman is to be held if he was to be extradited to India, lacked natural light. They also raised the issue of overcrowding in Indian jails and security issues.

However, the CBI had presented a video to court showing that Mallya will not only have access to natural light with large windows but will also get to stroll in a courtyard. He will have a private toilet and even a TV, besides getting access to the jail library. However, Mallya’s lawyers rubbished the video.

What happens after extradition?

“If the judge is satisfied that all of the procedural requirements are met and that none of the statutory bars to extradition apply, he or she must send the case to the Secretary of State for a decision to be taken on whether to order extradition,” PTI quoted Pavani Reddy, a UK-based legal expert and Managing Partner of Zaiwalla & Co, as saying.

The judge’s decision on whether to send Mallya’s case to UK Home Secretary Sajid Javid can be appealed in the UK High Court. The person to be extradited is entitled to make an application for permission to appeal to the High Court within 14 days of the date of the Magistrate’s ruling.

  

Top Stories

Comment on this article

  • Jossey Saldanha, Mumbai

    Mon, Dec 10 2018

    Vijay Mally can bribe any Tom, Dick & Harry in London ...

    DisAgree Agree [2] Reply Report Abuse

  • Go slow, Mangalore

    Mon, Dec 10 2018

    Plz Arnab, CBI,NIA, ED..plz make bjo to win in all states by hook or crook..if not we bhakts will do sucide in front of Arnabs studio

    DisAgree Agree [4] Reply Report Abuse

  • Stephen, Mangalore

    Mon, Dec 10 2018

    The money if recovered should come to the state of karnataka and nowhere else. We have some projects to be completed

    DisAgree Agree [2] Reply Report Abuse

  • SMR, Karkala

    Sun, Dec 09 2018

    This day would have never arisen if Union Minister Jaitley under the PM Modi's government has not helped disgruntled Vijaya Mallya arranged escape to London.

    If the London court can try Vijay Mallay for fraud, how does Indian public sector banks made him 'wilful defaulter'?

    How does the 'wilful defaulter' can bid for IPL cricket team for consecutive years without paying the salaries of his Kingfisher Airlines?

    If Vijay Mallya saying he can pay back all his debt, how do the Indian banks and PM Modi government has failed to recover when he is still in India?

    Is the government is going to recover the money? Why the same case is not applicable to 'Chota Modi' who eloped with $2 Billion on Indian banks?
    Jai Hind

    DisAgree [5] Agree [7] Reply Report Abuse

  • Swamy, Mangalore

    Sun, Dec 09 2018

    He will be given a clean chit once he lands in India. The beneficiaries of the total repayment amount is ministry of finance. So whether he pays or doesn't govt will claim he has paid all outstanding. RBI should set up separate account for this defraud repayment money and only the ruling, opposition and RBI leaders combined should have access to it.

    DisAgree [2] Agree [6] Reply Report Abuse

  • HENRY MISQUITH, Bahrain

    Sun, Dec 09 2018

    Can't believe till the total money is recovered. Bhakts will now behave as if the money is recovered now and appreciate feku but the reality is different.

    DisAgree Agree [4] Reply Report Abuse

  • PEDDA GUNDOO, MANGALURU

    Sun, Dec 09 2018

    First of all why london is entertaining the criminals from other countries in the name human rights ! These are mad cows who always going opposite side like gay marriage, homosexual marriage etc etc . even they support who going against the religion and giving political asylum. What they will prove on that ? the lost their glory as a britishers and now no where to go unless supporting these thugs !

    DisAgree Agree [3] Reply Report Abuse

  • HENRY MISQUITH, Bahrain

    Sun, Dec 09 2018

    Lets see tomorrow where the law take its course against this defaulter Mallya..

    DisAgree Agree [4] Reply Report Abuse

  • Langoolacharya, Belman / Washington,DC

    Sun, Dec 09 2018

    People,

    Mallyamaam has money...he will write cheque for full amount tomorrow after Court Judgement...if it goes against him...

    ...Tak...Takk...

    DisAgree [3] Agree [7] Reply Report Abuse

  • Swamy, Mangalore

    Sun, Dec 09 2018

    Now Jaitley might abscond and run to London to escape cross examination by investigating agencies about his meeting with Mallya just before London departure?!?!?!?!?. Let him not forget to take spare kidneys with him paid by taxpayers here.

    DisAgree [5] Agree [7] Reply Report Abuse


Leave a Comment

Title: London court to decide on Vijay Mallya's extradition on Dec 10



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.