By CNBC-TV18 Feb 14, 2019 7:54:40 AM IST (Updated)
Fugitive Indian businessman Vijay Mallya said he has made a settlement offer before the High Court of Karnataka, requesting the lenders to accept the offer
Fugitive Indian businessman Vijay Mallya said he has made a settlement offer before the High Court of Karnataka, requesting the lenders to accept the offer. “It is a perfectly tangible, sincere, honest and readily achievable offer,” said Mallya in a Twitter post on Thursday morning.
The offer comes a week after the UK home secretary Sajid Javid approved the extradition of Mallya, who is wanted in India on charges of fraud and money laundering amounting to around Rs 9,000 crore.
“The shoe is on the other foot now. Why don’t the Banks take the money lent to KFA?” added Mallya.