Was forced to go to exile, interested in making a settlement: Mallya

April 29, 2016 10:53

Liquor baron Vijay Mallya, wanted by the Indian law for money laundering and other cases, has said he remains an Indian patriot, but has no plans to leave the UK. In an interview to the Financial Times, he says he is ready to settle hundreds of millions of pounds owed to banks after the collapse of his company, Kingfisher Airlines.

"We have always been in dialogue with banks saying: 'We wish to settle'. But we wish to settle at a reasonable number that we can afford and banks can justify on the basis of settlements done before." But he adds: "By taking my passport or arresting me, they are not getting any money."

As the Indian government considers whether to try to extradite him, allya says he has no plans to leave the UK, where he says he is in forced exile.

Read the full interview HERE

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