• Friday, April 26, 2024

Business

Mallya makes assets ‘offer’ to Indian court

Vijay Mallya

By: Sarwar Alam

Indian tycoon Vijay Mallya said on Tuesday (31) he had made an “unconditional offer” to an Indian court in a bid to settle fraud charges, as he continues to fight extradition from Britain. Mallya, chairman of the UB Group drinks conglomerate and chief executive of the financially ailing Force India Formula One team, said it did not entail pleading guilty to any crimes. “I have not included any clemency plea or plea bargain in my unconditional offer to the Kernataka High Court,” he told reporters outside a London court after the latest hearing in his legal battle against facing trial in his…

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