Met finance minister before leaving the country: Vijay Mallya
NEW DELHI, Sept 12: A defiant Vijay Mallya, who is facing money laundering charges in multi-crore fraud case in India, on Wednesday claimed that he met the finance minister before leaving the country, news agency ANI reported.
Speaking outside a London court, Mallya said, "I met the finance minister to settle matters before I left. The banks had filed objections to my settlement letters." I met the finance minister to settle matters before I left. The banks had filed objections to my settlement letters.”
I met the finance minster to settle matters before I left. The banks had filed objections to my settlement letters: Vijay Mallya outside London's Westminster Magistrates' Court
— ANI (@ANI) September 12, 2018
Arun Jaitley was the finance minister when Mallya left India in March 2016. He is also the current finance minister. Mallya spoke to reporters during his hearing in extradition case at the Westminster Magistrates' Court.
The 62-year-old former Kingfisher Airline boss, who has been on bail on an extradition warrant since his arrest in April last year, responded to the swarm of reporters gathered outside the court in his characteristic manner, saying the "courts will decide".
Earlier in the day, Mallya said that he had made a "comprehensive settlement" offer before the Karnataka High Court that will help in paying off all his dues.
According to Mallya, he and the United Breweries Group (UBHL) have filed an application in the Karnataka HC on June 22, 2018, setting out available assets of approximately Rs 13,900 crore. They have asked the court for permission to allow the sale of assets under judicial supervision and repay creditors, including the Public Sector Banks such amounts as may be directed and determined by the Court.
The extradition trial, which opened at the London court on December 4 last year, is aimed at laying out a prima facie case of fraud against Mallya.
It also seeks to prove there are no "bars to extradition" and that the tycoon is assured a fair trial in India over his now-defunct Kingfisher Airlines' alleged default of over Rs 9,000 crore in loans from a consortium of Indian banks.
Courtesy: timesofindia.indiatimes.com
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
3 Indians injured after fire breaks out in UAE's Fujairah due to drone attack
Dubai (PTI): Three Indian nationals were injured on Monday after a fire broke out on the Fujairah Petroleum Industries Zone (FOIZ) in the UAE following a drone strike originating from Iran, according to local media reports.
The relevant authorities in the eastern emirate of Fujairah confirmed that a fire has broken out in the FOIZ, resulting from a drone attack coming from Iran, the state-run WAM news agency reported.
Fujairah Civil Defence teams immediately responded to the incident and are continuing efforts to bring the fire under control, it added.
Three Indian nationals sustained moderate injuries after the fire broke out on the FOIZ, the Khaleej Times reported, quoting authorities in Fujairah.
The injured were taken to the hospital for treatment, it added.
In a post on X, the UAE's Ministry of Defence said that Iran launched four missiles toward various areas across the country. "Three were successfully engaged over the country's territorial waters, while one fell into the sea," it said.
The ministry urged the public to comply with all public safety procedures when warning messages are issued to the public.
Authorities have urged the public not to circulate rumours and to rely only on official sources for information, Gulf News reported.
