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Vijay Mallya says he has enough evidence to prove his case, gets bail

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Mallya is wanted in India for Kingfisher Airlines' default on loans worth nearly Rs 9,000 cr LATEST NEWS :Vijay Mallya, the embattled tycoon who is wanted in India on loan defaults to several banks, on Tuesday claimed that he has "enough evidence" to plead his case as a UK court granted him bail until December 4. The 61-year-old former chief of erstwhile Kingfisher airlines appeared before Westminster Magistrates' Court here for his extradition case hearing. Chief Magistrate Emma Louise Arbuthnot granted bail to Vijay Mallya until December 4. The next hearing has been set for July 6. "I have not eluded any court...I have enough evidence to prove my case," Mallya told reporters outside the court. "I don't make statements to the media because anything I say is twisted. There is enough evidence, that will speak," he said. "I go to cheer India in a cricket match and it becomes a media frenzy. It's better I don...

Vijay Mallya could fight extradition on political grounds

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Indian tycoon Vijay Mallya , who has been declared a proclaimed offender, is likely to challenge his extradition to India from the UK on the grounds that the charges against him are politically motivated, a legal expert said on Wednesday. The 61-year-old liquor baron, who has been living in self-imposed exile in Britain since last year, was arrested by Scotland Yard on Tuesday on fraud allegations, triggering an official extradition process in the British courts. READ THIS : 78% say action against Mallya and Sahara will help Modi govt politically Mallya was released on conditional bail a few hours later after providing a bail bond worth 650,000 pounds and assuring the court of abiding by all conditions associated with extradition proceedings, such as the surrender of his passport and a ban on him possessing any travel documents. The UK's Crown Prosecution Service (CPS) will now argue the case on behalf of the Indian authorities. "The Crown Prosecution Se...