Govt source snub Mallya's defense, alleges 'strong fraud case' against him

Dec 07 2017 08:50 AM
Govt source snub Mallya's defense, alleges 'strong fraud case' against him

New Delhi [India], December 07 (NT): A central government source on Wednesday stated there is a "very strong prima facie case of fraud in links of Fraud Act 2006 of UK" against Kingfisher king and liquor baron Vijay Mallya.

This response appears in the wake of the number of press reports signifying that there was no proof to support 'case of fraud' to be had by the Union Government in opposition to Mallya in the banishment case.

The extradition trial of the great defaulter of Mallya, who is wanted in India for economic irregularities linking a total amount of Rs 9,000 crore as well as money laundering, commenced at the London's Westminster court on Monday, wherein Britain's Crown Prosecution Service (CPS) summarized the Indian government's case in opposition to Malya.

The source further summarized that Mark Summers, who correspond to the CPS, in his opening statement, had put down before the court the basic features of fraud that is falsities, false outcrops and plan not to repay the loan and use the same for reasons other than those projected for.

The Indian government further claimed that there were 'factual irregularities in the urging advanced by counsel Montgomery, in defense of Mallya and the same was "rhetoric" not support s on sound proof. (NT)

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