Ready to repay dues to all Indian banks, says Vijay Mallya

Vijay Mallya
Photo IANS

London, July 31 : Embattled liquor tycoon Vijay Mallya  said that the allegations of money laundering and  stealing money are completely false  and he is ready to settle his all outstanding dues with the India banks and  offered to sell assets over 14,000 crore.

“Full sum is to be determined. Assets can’t be attached for the complaints filed by banks. They can’t be sold. Let judiciary decide what’s right: Vijay Mallya said.

Mallya, who returned to Westminister Magistrates’ Court on Tuesday for closing arguments in his high-profile extradition trial case,has been granted bail.   The court also fixed the next hearing on September 12.

As soon as Mallya arrived at the Westminster Magistrates’ Court in London, he said , “I have not applied for any clemency plea and I am  ready to settle all outstanding dues with the banks. “


“There is no question of money laundering.I have made a comprehensive settlement with the Karnataka court. There are over Rs 14,000 crore assets placed before the court. I have requested the court to sell these assets under judicial supervision. Pay all the banks, creditors so that everyone is happy,” he said .


Questions about stealing money or money laundering are all completely false,” he told the media waiting outside the court.

“At the end of the day, the courts will decide,” Mallya tells reporters outside the court.


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