ibusinesslines.com
ibusinesslines.com November 20, 2018


Rahul Gandhi asks why didn’t Arun Jaitley reveal meeting Mallya earlier

13 September 2018, 12:47 | Erica Roy

Rahul Gandhi asks why didn’t Arun Jaitley reveal meeting Mallya earlier

Vijay Mallya,Mallya extradition hearing,Mallya in Uk court

Embattled liquor tycoon Vijay Mallya said on Wednesday that he met the finance minister before leaving India and told him he's going to London, a sensational claim denied by Arun Jaitley as "factually false".

Mallya, who arrived in London in March 2016 and was arrested in April 2017, was present in court as his legal team and the Crown Prosecution Service (CPS), acting on India's behalf, reiterated and substantiated points made at earlier hearings on loans from IDBI Bank.

Arun Jaitley was the finance minister in 2016 when Mallya left India.

Before attending the Westminster Magistrates" Court, the former Kingfisher Boss was inundated with many journalist questions and to one of their asks, he said "I left because I had a scheduled meeting in Geneva.

Congress President Rahul Gandhi has not reacted on this startling revelation, but one wonders how he can continue to function as the finance minister.

Rubbishing his claims, Arun Jaitley in his Facebook blog said, "He (Mallya) paced up to catch up with me and while walking uttered a sentence that "I am making an offer of settlement". 'So, the question of his having met me does not arise, ' he clarified.

On being asked how he plans to repay the banks with his assets being frozen, Mallya said that the decision in this regard will have to be taken by the Enforcement Directorate.


Also at the press conference, Congress leader and Rajya Sabha MP PL Punia alleged that he saw Mallya meeting Jaitley in Parliament on March 1, adding that the meeting lasted for about 15 minutes first at a corridor and then at Central Hall.

Jaitley said Mallya accosted him in Parliament, and that he made "an offer of settlement".

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

Terming Mallya's offer to settle overdue loans of more than Rs 9,000 crore to his now-defunct Kingfisher Airlines as "bluff offers", Jaitley said he did not even take the papers the liquor baron was carrying during that brief encounter. "We need proper disclosures, full inquiries on this", he said.

It is known news that Vijay Mallya, is wanted on charges of fraud and money laundering amounting to around Rs. 9,000 crore. "Mr Jaitley did not say anything", Mallya said.

Since his arrest in April past year, Vijay Mallya, has been on bail on an extradition warrant. "It might interest you to know, banks have filed objections in the court on my settlement application".

Sure there is nowhere back for Vijay Mallya, as he looks increasingly likely to be extradited back to India. Judge Emma Arbuthnot said she had seen the video three times and did not direct court officials to show it.



Other News

Trending Now

Strongest typhoon this year closes in on north Philippines
Mangkhut is expected to be as strong as Haiyan - a super typhoon that killed more than 6,200 people in the Philippines in 2013. Manuel Mamba says coastal villages will start evacuating residents Thursday ahead of the onslaught.

Petrol Prices: Naidu Put Pressure On KCR..
It stated the largest gain would be in Maharashtra to the tune of Rs 33.89 billion followed by Gujarat at Rs 28.42 billion. Meanwhile, in Mumbai , petrol and diesel have touched a new high of Rs 88.26 and Rs 77.47 per litre respectively.

Henry Cavill won’t be playing Superman again in the DC movies
According to Deadline , the studio is eyeing a " Supergirl " movie thanks to the success of the CW series of the same name. According to The Hollywood Reporter , Cavill is set to end his run (fly?) as Superman on the big screen.

Pope Summons Bishops For Sexual Abuse Summit
Also involved are two officials from the conference, Los Angeles Archbishop Jose Gomez and Monsignor Brian Bransfield. That resignation was submitted when Wuerl turned 75, which is the mandatory age for bishops to offer to retire.

Russian wanted over novichok poisoning 'to break silence'
Scotland Yard released photos of the two men, who flew from the U.K.to Moscow hours after the Skripals fell ill. The two suspects behind the attack in Salisbury have been named as Alexander Petrov and Ruslan Boshirov.

Patriots roster move: New England reportedly signs running back Kenjon Barner
The 5-foot-11, 185-pound Coleman totaled 56 receptions for 718 yards with five touchdowns in his two seasons with the Browns. Earlier in the offseason, Coleman was traded by the Cleveland Browns to the Buffalo Bills for a seventh-round draft pick.

How to watch Apple's big iPhone Xs event
We'll be covering the event live, so check back here around noon EST as we deliver the latest from Cupertino. Apple first introduced the Watch in 2015, and has not changed the screen design since the first generation.