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
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Dangerous explosives found outside Kerala school
Palakkad (PTI): Explosives found outside a school compound in Vadakanthara in this district on Wednesday were confirmed to be of a dangerous nature, according to the First Information Report (FIR).
The explosives were found on Wednesday evening when a student threw one of the devices--which are suspected to be used for eliminating wild boar--resulting in an explosion, causing minor injuries to both himself and an elderly woman nearby, police said.
The FIR states that Narayanan, a 10-year-old student, discovered the explosives near the gate of the Vyasa Vidhya Peedom pre-primary school compound in Vadakanthara at around 3.45 pm.
Excited over the discovery, he threw one of the explosives to the ground, which then exploded with a loud sound, injuring himself and 84-year-old Leela, who was standing nearby.
School authorities and residents rushed to the scene and called the police who searched the place and found four more explosives in a bucket.
The injured were taken to the hospital, and their condition is stable, said police sources.
Palakkad North police have registered a case under section 3(a) (causing an explosion that is likely to endanger life), section 4(a) (keeping explosives with an intention to endanger life and property) of the Explosive Substance Act, and section 75 of the Juvenile Justice (Care and Protection of Children) Act that deals with cruelty to children.
The FIR of the case stated that explosives were of a dangerous nature and were kept at the place to endanger human life.
A team led by a DySP-ranked officer is investigating the case.
According to police, CCTV cameras in the area have been recovered as part of the investigation, and attempts are being made to identify people who kept explosives near the school compound.
BJP district leaders alleged a major conspiracy behind the incident and demanded a thorough probe.
CPI(M) leaders alleged that the school management is affiliated with RSS, and there is training given to volunteers in the area.
Congress has also called for a detailed probe into the incident.
