Wednesday, December 06, 2017

India has 'no evidence' against Vijay Mallya, claims defence counsel in UK court

London: Vijay Mallya's defence on Tuesday dismissed as "zero" the Indian government's extradition case against him, saying it has no credible case to show that the tycoon's now-defunct Kingfisher Airline's borrowings were fraudulent or that he had no intention to pay back the loans.
Exclusive: Over 2.5 lakh emails against Vijay Mallya in possession of agencies to make India's case stronger
The 61-year-old liquor baron, wanted in India on charges of fraud and money laundering allegedly amounting to around Rs 9,000 crores, was in the dock at Westminster Magistrates' Court for his defence, headed by barrister Clare Montgomery.
She opened her arguments by stating that there was no evidence to support the case of fraud and repeatedly used the words "nonsense" and "nonsensical" in reference to the fraud claims laid out by the Crown Prosecution Service (CPS), arguing on behalf of the Indian government.
Dismissing the government of India's case as "clutching at straws", the defence said the arguments laid out were "financially incoherent" and that there had been no "concealment" and nothing to suggest Mallya was being "intentionally fraudulent".
Montgomery claimed that the evidence presented by the CPS, on the opening day of his extradition trial yesterday, amounted to "zero", which she said was a "critical failing on the part of government of India".
05/12/17 PTI/Times Now