Vijay Mallya, wanted in India for unpaid loans worth nearly a billion dollars, has said that banks have no right to details of the assets owned by either his family or him.     


Armed with a non-bailable arrest warrant against him, the Enforcement Directorate (ED) has approached the external affairs ministry seeking initiation of deportation proceedings against businessman Vijay Mallya in connection with its money laundering probe against him in the Rs 900 crore IDBI alleged loan fraud case.


The agency has written to MEA and will also soon write to the CBI to get an Interpol red corner notice (RCN) issued against the Rajya Sabha MP to get him arrested, based on the NBW directed by a Mumbai court.


Mallya flew to London early in March just as a group of banks, most of them state-run, ramped up efforts to recover the money given to his Kingfisher Airlines, which became defunct in 2013.  


The 60-year-old has told the Supreme Court today that the vast loans were not given to his airline on the basis of his properties or assets.


Though he will share these with the top court, the entrepreneur asked that the information not be passed on to the banks.