CBI admits 'error of judgement' in changing lookout circular against Vijay Mallya

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BJP leader Nirmala Sitharaman on Thursday termed as "motivated" the Congress's demand of Finance Minister Arun Jaitley's resignation over his meeting with Vijay Mallya, saying it is a strategy to deflect attention from the UPA government's "cronyism and favouritism".

"Rahul Gandhi has gone on the back foot over Kingfisher Airlines". The finance minister has accepted publicly that he has been told by a criminal that he is going to run away and the finance minister has not done anything, has not informed the CBI, and has not informed the ED. In fact Mallya had misused access as an MP to accost him in a corridor in Parliament to claim he had made an offer of settlement for outstanding loans, Jaitley had said.

Questioning the denial of Jaitley and Union government, Modi said that many people know Jaitley met Mallya and now the denial doesn't suit him.

Senior Supreme Court lawyer Dushyant Dave says he offered this advice after top SBI management, having an inkling that Mallya may flee India, insisted on meeting Dave on Sunday, February 28, 2016.

"I met the finance minster to settle matters before I left". It also seeks to prove there are no "bars to extradition" and that the tycoon is assured a fair trial in India over his now-defunct Kingfisher Airlines' alleged default of over Rs 9,000 crores in loans from a consortium of Indian banks. Arun Jaitley it's become a habit to lie. Originally, the lookout notice for him was to stop him and hand him over to the police. "In this anticipation, he (Mallya) left earlier", Jaitley had said, adding that "it would have been better had banks started the process earlier". "It was agreed that they would meet Monday morning to get an order from the Supreme Court restraining Mallya from leaving the country".

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Punia took over: "I saw Mallya talking to Jaitley in a corner of the Central Hall (of Parliament) on March 1, 2016, a day before he fled".

"I have no comment, you are hearing everything in court", he added on further questions by the reporters.

"I have said before that I am a political football".

Dressed in a suit and wearing his shades, Mallya appeared relaxed even as the judge is expected to review a video of the Mumbai jail cell prepared by the Indian authorities for the embattled liquor tycoon.

The extradition trial, which opened at the London court on 4 December previous year, is aimed at laying out a prima facie case of fraud against Mallya. Manmohan Singh helped Kingfisher Airlines.

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