Vijay Mallya calls himself a political victim before UK court
Mallya fled to Britain in March last year, after defaulting on loan payments to state-owned banks — Rs 900 crore loan from IDBI Bank, and a Rs 9,400 crore loan given by an SBI-led 17-bank consortium — and allegedly misused the funds by rerouting them to tax havens.
Vijay Mallya arrives for a case management hearing at Westminster Magistrates Court in London. Image source: Reuters.