Vijay Mallya asks State Bank of India to disclose 'legal fees' spent to recover money from him in United Kingdom

Mallya accused the SBI lawyers representing SBI in the UK of “making presentations on their accomplishments against him” at the 'cost of Indian taxpayers' money.'

Asian News International April 19, 2019 13:19:24 IST
Vijay Mallya asks State Bank of India to disclose 'legal fees' spent to recover money from him in United Kingdom
  • Vijay Mallya urged Indian media to file an RTI against SBI to ascertain how much money it has spent on the legal fees

  • He also demanded an answer from the public sector bank on the same lines

  • Mallya is facing trial for alleged fraud and money laundering amounting to Rs 9,000 crore

New Delhi: Fugitive businessman Vijay Mallya on Friday urged Indian media to file an RTI against the State Bank of India (SBI) to ascertain how much money it has spent on the legal fees of the lawyers while recovering money from him in the United Kingdom.

“Whilst media love sensational headlines, why doesn’t anybody ask the PSU State Bank of India under RTI on how much they are spending on legal fees trying to recover money from me in the United Kingdom (UK) when I have offered 100 per cent payback in India,” Mallya tweeted.

Vijay Mallya asks State Bank of India to disclose legal fees spent to recover money from him in United Kingdom

File photo of Vijay Mallya. PTI

To further substantiate his point, he said: “Assets belonging to me in the UK were sold and the costs of sale were almost 50 per cent of value. The remaining assets yet to be sold won’t cover legal costs. So what’s this all about? To enrich UK Lawyers?”

He also demanded an answer from the public sector bank on the same lines. Mallya also accused the SBI lawyers representing SBI in the UK of “making presentations on their accomplishments against him” at the "cost of Indian taxpayers' money."

Mallya is facing trial for alleged fraud and money laundering amounting to Rs 9,000 crore. On 8 April, a United Kingdom court had denied permission to the liquor baron to appeal against his extradition order to India to face trial for alleged fraud and money laundering amounting to Rs 9,000 crore.

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