Claims of political vendetta figment of Vijay Mallya`s imagination: PMLA court
(WorldNews Business)

MUMBAI: Businessman Vijay Mallya`s claim that the Indian government`s efforts to extradite him were a result of `political vendetta` was `mere fiction of his imagination`, a special PMLA court observed in its order. Mallya, accused of defaulting on loans of over Rs 9,000 crore, was on January 5 declared a fugitive economic offender (FEO) by special Judge M S Azmi of the Prevention of Money Laundering Act (PMLA) court. The judge, in his order that was made available to media on Saturday, said, `Mere statement that the...