Indian Tycoon Mallya Says ‘Keep Dreaming’ When It Comes to Fraud
- Vijay Mallya was arrested in April over fraud allegations
- Indian authorities are seeking to extradite him to face trial
Vijay Mallya
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Fugitive Indian tycoon Vijay Mallya said there was "no loan diverted anywhere" and reporters could "keep dreaming" about allegations he committed a billion-dollar fraud as he waded through cameras outside a London court.
Appearing Tuesday at Westminster Magistrates’ Court for a hearing on his extradition after his April 18 arrest, Mallya was mobbed by questions from reporters, a video from Asian News International shows. His arrest followed an extradition request from his home country over allegations of fraud.