Vijay Mallya to 'pursue further legal remedies' after London HC rejects his appeal

Hours after London High Court rejected his plea against extrition to India, fugitive liquor tycoon Vijay Mallya on Monday expressed disappointment over decision and indicated that he will "pursue furr legal remedies" as suggested by his lawyer.

'I am naturally disappointed with HC's decision'

Taking to Twitter, Mallya wrote, "I am naturally disappointed with High Court decision. I will continue to pursue furr legal remedies as vised by my lawyers. I am also disappointed with media narrative which states that I must face trial in India for a fraud of Rs 9000 crores."
 

"but, sly to avail'

" Banks have alrey recovered in cash a sum of Rs 2500 crores which is 50 per cent of Principal amount. I have repeatedly offered to repay Banks in full but, sly to avail," he ded.

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Mallya on Monday lost UK High Court appeal against his extrition. dismissal of High Court appeal comes as a major achievement for CBI which has been tirelessly pursuing his extrition from UK with n He of Special Investigation Team of CBI Rakesh Asthana regularly attending London hearings followed by Joint Director Anurag.

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ruling by High Court gives 64-year-old Mallya, who is on bail, 14-days to approach UK Supreme Court. If he does t use appeal at apex court he would be sent to India in accordance with provisions of India-UK Extrition Treaty. CBI case against Mallya' extrition pertained to alleged fraud of Rs 900 crore at IDBI bank.

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(With ncy inputs)