IDBI officials knew of losses at Kingfisher, claims Mallya's lawyer

Appearing before London court Vijay Mallya on Wednesday said he had met Finance Minister Arun Jaitley to settle matters before leaving India

Appearing before London court Vijay Mallya on Wednesday said he had met Finance Minister Arun Jaitley to settle matters before leaving India

Mallya, who talked to the media outside a London court where he is facing extradition proceedings, said: "I had a scheduled meeting in Geneva".

Former Union finance minister Yashwant Sinha, who recently left the BJP and is now in the Opposition camp, said: "Not only the finance minister, the entire BJP must come clean on its relations with Vijay Mallya".

Soon after Jaitley's rebuttal, Mallya appeared to tone down the seriousness of his claim, saying it was not a "formal meeting" and he only "happened to meet" the minister, when he told him he was going to London. 'So, the question of his having met me does not arise, ' he clarified.

"My attention has been drawn to a statement made to the media by Vijay Mallya on having met me with an offer of settlement. I did not even receive the papers that he was holding in his hand".

Jaitley added that Mallya, a member of the Rajya Sabha, occasionally attended Parliament and that he "misused" that privilege on one occasion.

Congress leader Abhishek Singhvi said the government was "fully complicit" in the flight of Mallya and Punjab National Bank fraud accused Nirav Modi and Mehul Choksi from India. Gandhi said the party's senior leader and parliamentarian P L Punia was "proof" that the meeting took place.

"The video clearly shows the gloom that settles on this building, which is encased in what is effectively a steel oven", Montgomery said, as part of the defence arguments in favour of a court-led independent inspection of the jail cell to ensure it meets the UK's human rights obligations.

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Vijay Mallya has run away after looting money from banks and the government had this information.

"I am a political football..."

After Mallya left the country, the State Bank of India approached both the Karnataka High Court as well as the Supreme Court about recovering their loans - neither of which had any power over Mallya, since he was now in England.

"PM Modi meets Neerav Modi before he flees the country". I feel like a scapegoat. On Wednesday, Mallya claimed that he had spoken to Jaitley and offered to reach a settlement with the banks, to which he owed an estimated sum of Rs 9,400 crore.

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

He sarcastically described the video of Barrack 12 at Mumbai's Arthur Road Jail, which has been prepared for him, as "very impressive". "I hope the honourable judges will consider it favourably; everybody gets paid off and I guess that's the primary objective", said Mallya, who is fighting extradition to India on charges of fraud and money laundering amounting to around Rs 9,000 crore.

The BJP said loans to Vijay Mallya's now defunct Kingfisher Airlines were restructured twice.

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