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PM Eloquent, Why Isn’t He Telling Banks To Accept My Offer: Mallya

Vijay Mallya made these comments while referring to PM Narendra Modi’s speech in the Lok Sabha on Wednesday.

Vijay Mallya was arrested by the Scotland Police on 18 April, and was let off on bail the same day. 
Vijay Mallya was arrested by the Scotland Police on 18 April, and was let off on bail the same day. 

Fugitive businessman Vijay Mallya on Thursday, 14 February, called Narendra Modi a "very eloquent speaker", and asked why the prime minister was not instructing the banks to take the money that he has put on the table.

Mallya, who faces fraud and money laundering charges amounting to Rs 9,000 crore, was referring to PM Modi's last speech in the Parliament that he made on Wednesday, wherein he reportedly spoke about the person who "ran away" with Rs 9,000 crore without taking any names.

Mallya also said that he has made the offer to settle before the Karnataka High Court, calling it "perfectly tangible, honest and readily achievable".

The fugitive businessman's extradition to India was cleared by the UK Home Office on 4 February. The extradition case had been forwarded to Home Secretary Sajid Javid by the Westminster Magistrates' Court on 10 December last year, after over a year of deliberations to consider whether or not Mallya should be sent back to India.

Responding to the approval for his extradition, Mallya had said that he would appeal against it.