Mallya backtracks after saying he met Arun Jaitley before leaving India

Vijay Mallya claims he met Finance Minister before leaving India Arun Jaitley rubbishes charge

Former BJP leader Yashwant Sinha, a former union finance minister who has been critical of Jaitley and his handling of the ministry, said the entire BJP leadership, not just the finance minister, must come clean on its ties with Mallya.

In fact, as early as June this year, BJP's Rajya Sabha MP, Subramanian Swamy had hinted about Mallya's meeting with an unnamed but powerful person in the Narendra Modi government before he left India.

Mallya's lawyer told Westminster Magistrates Court in London, "IDBI bank officials were well aware of losses at Kingfisher".

In London, talking to reporters, Mallya said the media should question the banks why they are not supporting him in his efforts to repay.

The State Bank of India (SBI), which led a consortium of 17 lenders that had exposure to the defunct Kingfisher Airlines, had declared Mallya a wilful defaulter in February 2016.

The claim made by Mallya, facing charges of fraud and money laundering amounting to Rs 9,000 crore, has triggered a political storm, with the Congress saying the government must explain how and why Mallya was allowed to leave India. SBI along with other lenders also approached the Karnataka High Court appealing for Mallya's arrest and impoundment of his passport. "I am certainly a scapegoat, I feel like a scapegoat".

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A United Kingdom court on Wednesday fixed December 10 as the date to deliver its verdict on whether beleaguered liquor baron Vijay Mallya can be extradited to India to face charges of fraud and money laundering amounting to around Rs 9,000 crores. "The statement is factually false inasmuch as it does not reflect truth", he said in a Facebook post. At one point, she told the court that Rakesh Asthana, CBI special director, went to heads of banks with reprisals to file cases against Mallya.

On 1 March: Mallya attends the Rajya Sabha in his capacity as a Member of Parliament.

"I did not even receive the papers he was holding in his hand", Jaitley said.

Dressed in a suit and wearing his shades, Mallya appeared relaxed even as the judge is expected to review a video of the Mumbai jail cell prepared by the Indian authorities for the embattled liquor tycoon. "I don't believe I owe you any further details".

The extradition trial, which opened at the London court on 4 December previous year, is aimed at laying out a prima facie case of fraud against Mallya.

Mallya's defence team has presented a series of expert witnesses in an attempt to prove that he had no fraudulent intentions when he took out the loans for erstwhile Kingfisher Airlines.

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