Indian tycoon's lawyer rebuts government extradition caseDecember 5, 2017 2:33pm

LONDON (AP) — Indian tycoon Vijay Mallya is refuting the Indian government's charge that he obtained hundreds of millions of dollars in bank loans that he knew he wouldn't be able to repay.

Lawyer Clare Montgomery said Tuesday there is no evidence to support the government's claim that Mallya misused loans he obtained to support ailing Kingfisher Airlines in 2009. Prosecutors say he used the money to support his Formula One racing team and other endeavors.

She told Westminster Magistrates Court the government's claim is "nonsense" and said the prosecution had been subjected to improper political interference.

The 61-year-old Mallya is fighting extradition to India on money laundering charges related to the failure of his airline and other businesses. He denies wrongdoing.

Page 1 of 1

More Stories Like This

F1 Force India team boss Vijay Mallya arrives at Westminster Magistrates Court in London, Thursday, Dec. 14, 2017. Mallya, the United Breweries Group chairman and co-owner of the Force India F1 team is wanted in India to face fraud allegations. He was arrested in April by the Metropolitan Police's extradition unit on behalf of authorities in India. (AP Photo/Frank Augstein)
Indian tycoon Mallya's extradition case in London extended
Global companies snared in South Africa's corruption scandalMajor global companies snared in growing South African corruption scandal around president
A police officer escorts Russian cybercrime suspect Alexander Vinnik, left, and other detain suspects, as they arrive at Greece's supreme court in Athens, on Wednesday, Dec. 13, 2017. Greece's Supreme Court holds an extradition hearing for Russian cybercrime suspect Alexander Vinnik, wanted in the United States on charges of laundering billions of dollars' worth of bitcoin. Vinnik is the subject of a judicial tug-of-war between the U.S. and Russia, which is also seeking his extradition on lesser charges.(AP Photo/Petros Giannakouris)
Greek court backs extraditing Russian bitcoin suspect to US
German Chancellor Angela Merkel, right, speaks with European Council President Donald Tusk during a round table meeting at an EU summit in Brussels on Thursday, Dec. 14, 2017. European Union leaders are gathering in Brussels and are set to move Brexit talks into a new phase as pressure mounts on Prime Minister Theresa May over her plans to take Britain out of the 28-nation bloc. (Julien Warnand, Pool Photo via AP)
EU's Tusk warns of bruising Brexit battle ahead, urges unity
Greek Supreme Court approves request to extradite Russian bitcoin fraud suspect Alexander Vinnik to United StatesGreek Supreme Court approves request to extradite Russian bitcoin fraud suspect Alexander Vinnik to United States
UK surgeon admits signing initials on patients' liversA British surgeon has admitted assaulting two patients by burning his initials into their livers during transplant operations

Related Searches

Related Searches