Big win for India as London court accepts CBI’s evidence! Modi govt inches closer to bring back Vijay Mallya to India

In what is called as a great news for the continuous efforts of Modi government, the Westminster court in London on Friday (April 27th) accepted the proofs submitted by the Central Bureau of Investigation (CBI) against fraudster Vijay Mallya.

Chief Magistrate Emma Arbuthnot of the Westminster Magistrates’ Court is set to consider some additional material sought from the Crown Prosecution Service (CPS), arguing on behalf of the Indian government, hear closing arguments, and set a timeline for a verdict in the case, which is expected by next month, said a report.

The last hearing on the case was on March 16th and at that time, the judge had said that “There are clear signs that the banks seem to have gone against their own guidelines (in sanctioning some of the loans)”. The judge had also indicated that her decision on the admissibility of evidence would go in favour of admitting some material and excluding some affidavits, which she said did not pertain to the prima facie case of fraud.

Earlier while entering the court, Vijay Mallya had said that “Yes, it is my democratic right to vote in Karnataka but conditions of my bail are such that I cannot leave the UK. I haven’t been following the politics there so cannot comment on the political developments”.

Why this is a huge setback for the Congress party?

Loans were given upto Rs 8040 to the liquor baron Vijay Mallya, during the UPA-1 era. Even though there were lots of indications that it would turn into bad loan, the UPA government didn’t act. But when the Modi government took charge at the centre, Vijay Mallya realized that the defaulters like him will be sent behind jail. That’s why he fled from India.

But, Congress shifted the blame on Modi government as usual to score a political point. But here is an evidence to show that Mallya was in direct contact with the then Finance Minister from the UPA government who facilitated his loans. “India Today” had accessed a series of emails that were written by Mallya to A Raghunathan, his CFO at the time. “Raghu, my apprehensions were correct! Somehow from the beginning I have always suspected UCO and Goel,” he wrote. “What is most annoying is that they have no respect for urgency — despite the finance minister calling Goel on October 28 and specifically telling him that we had to meet urgent commitments on Oct 31.” 

The above conversation can be called as a trailer of evidence as there are several other out on the domain that has nailed the link between Vijay Mallya and the then Congress government.

Not just Mallya but the Congress had showered its blessing even upon Nirav Modi and Mehul Choksi. But Modi government has cornered all these goons who looted India with the help of Congress. Yes, the Modi government has attached assets worth of Rs 9,890 of Vijay Mallya whereas properties worth Rs 7,664 have been attached of Nirav Modi-Mehul Choksi.

What is called as the bold move by Modi government, the Enforcement Directorate (ED) is set to “confiscate” assets worth over Rs 15,000 crore as part of its first action against absconders such as liquor baron Vijay Mallya and diamond don Nirav Modi under the recently promulgated Fugitive Economic Offenders Ordinance.

Hansika Raj