Mallya refutes ED allegations of trying to bargain with Indian authorities over seized assets | india news | Hindustan Times
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Mallya refutes ED allegations of trying to bargain with Indian authorities over seized assets

Mallya’s retaliation came after an ED official dismissed the former’s offer to settle all dues if his seized assets were freed up as “an attempt at plea bargaining and a bid to bolster his case against extradition to India from Britain”, as per a news report.

india Updated: Jun 30, 2018 11:02 IST
HT Correspondent
Vijay Mallya,Enforcement Directorate,plea bargain
Vijay Mallya, in a series of tweets, had earlier claimed that he had been falsely framed as the “poster boy of bank default and a lightning rod of public anger”.(PTI)

Disgraced liquor baron Vijay Mallya refuted allegations by an Enforcement Directorate official that he is trying to bargain with Indian authorities over assets seized by them.

“Media reports quote an ED official stating that I am attempting a plea bargain. Would respectfully suggest that the official read the ED chargesheet first. I would invite the ED to advance the same plea bargain theory in court in front of whom I have placed my assets,” he tweeted.

Mallya’s retaliation came after an ED official dismissed the former’s offer to settle all dues if his seized assets were freed up as “an attempt at plea bargaining and a bid to bolster his case against extradition to India from Britain”, as per a news report.

The official further claimed that ED had not received any copy of the affidavit filed by Mallya and United Breweries Holdings before the Karnataka high court last week, contrary to the businessman’s claims.

Less than a week ago, Mallya broke his silence over the controversy surrounding him of defaulting on bank loans to the tune of Rs 9,000 crore.

The liquor baron in a series of tweets claimed that he had been falsely framed as the “poster boy of bank default and a lightning rod of public anger”.

He also reiterated that he is making every effort, in good faith to settle dues with the banks, but if politically-motivated factors interfere, there is nothing he can do.

The 62-year-old is facing a trial for the UK Court to rule if he can be extradited to India to face charges for financial irregularities involving a total amount of Rs 9,000 crore, as well as money laundering cases.

(With inputs from agencies)

First Published: Jun 30, 2018 10:55 IST