Thursday, 13th December, 2018

Snippets

After Christian Michel’s extradition, Vijay Mallya breaks Son Siddharth Mallya’s piggy bank to find money to repay loan

05, Dec 2018 By Sandeep Kadian

London: Augusta Westland deal’s middleman Christian Michel has been extradited from Dubai to India and with that, a few people living abroad have started arranging funds for their outstanding loan amounts.

Vijay Mallya

One such character, Vijay Mallya was seen breaking the piggy bank of his son Siddharth Mallya to get some money from there.

India is fighting for Vijay Mallya’s extradition from England but till now nobody was paying much attention to the case since everyone thought that an extradition to India is impossible. The Christian Michel case has suddenly changed that perception and Mr. Mallya seems to be preparing for the worst-case scenario where he has to return his loans.

Speaking to Faking News, Mr. Mallya’s lawyer said, “My client never shied away from returning the loans he has taken, he just forgot about them for a while, common problem as you get older. Then when he was on an extended vacation to London, they declared him a fugitive in India and started all these legal cases. Now my client couldn’t return to India and thanks to the high cost of living in London, he ended up spending some of the loan amount on household expenses so he is now a little short of cash.”

“That is when we remembered Junior Mallya’s piggy bank and figured that we can pay at least one instalment of the loan if we remove the money from there. So, we called in a construction crew to break the giant piggy bank of Sid and got the cash out. However, some of the cash there was in old 1000 and 500 Rupee notes but hopefully the government will accept them as these notes are useless because of the government only”, he further added.

Meanwhile, Christian Michel has expressed full confidence in Indian judicial system and has said that he is confident he will die of natural causes before any action is taken against him.