<img src="https://trc.taboola.com/1321591/log/3/unip?en=page_view" width="0" height="0" style="display:none">
Fact Check Library

Fact Check with Logically.

Download the Free App Today

true
true

CLAIM ID

eacfb5d5

The Westminster Magistrate's Court ruled that Vijay Mallya was responsible for the fraud he committed about loan defaults than the ones who sanctioned it.

Judge Emma Arbuthnot ruled that Vijay Mallya had a prima facie case of fraud and money laundering and that there was no evidence against the banks.

Judge Emma Arbuthnot ruled that Vijay Mallya had a prima facie case of fraud and money laundering and that there was no evidence against the banks.Vijay Mallya had been facing a money-laundering probe against him in an alleged ₹9000 crore loan default case in India, and he had moved to London. The Indian government had requested the UK government for his extradition.

Judge Emma Arbuthnot of the Westminster Magistrates’ Court in London, who presided over Mallya’s extradition case, ruled that Mallya was responsible for the fraud he committed rather than the bank which sanctioned the loan, and he had a prima facie case of money laundering and fraud against him as he had made false representations to various banks. She added that the banks had failed in obtaining proper credit reports before sanctioning certain loans and that there was not enough evidence that senior IDBI officials had been involved in planning to defraud their own bank.

Have a question or correction on one of our fact-checks?

If you think a claim has been misjudged or requires correction, please send us evidence to support your error claim. We will revisit our evidence and verdict and conduct additional research to verify new information.

Fact Check of the Day

misleading

397 children were diagnosed with heart inflammation after receiving Pfizer’s COVID-19 vaccine in U.S.