My offer to settle not linked to Fugitive Ordinance: Mallya
Beleaguered tycoon Vijay Mallya has denied claims that his latest repayment offer to banks was linked to the recently passed Fugitive Economic Offenders Ordinance. Mallya said that he has "always had honest intentions to settle" and there is "ample proof". Mallya and UB Holdings have filed an application before the Karnataka High Court seeking to sell assets worth â¹13,900 crore.