• Thursday, December 08, 2022

HEADLINE STORY

Mallya lawyer claims not ‘a shred of evidence’ against tycoon

Vijay Mallya (Photo: REUTERS/Simon Dawson)

By: Sarwar Alam

The Indian government’s fraud case against tycoon Vijay Mallya is baseless and politically motivated, his defence lawyer told a London court on Tuesday (12) as she battled to prevent his extradition to his home country. Mallya, who lives in Britain, stands accused in India of fraudulently palming off losses from his now defunct Kingfisher Airlines onto banks by taking out loans he had no intention of repaying. His defence team argue that he is being used as a scapegoat by Indian politicians of all stripes to deflect public anger at the accumulation of bad debts by state-owned banks. The 61-year-old,…

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