Vijay Mallya, the absconding business tycoon wanted in India on loan defaults to several banks claimed he has “enough evidence” to plead his case and taunted authorities saying, “you can keep dreaming about a billion pounds”.
Chief Magistrate Emma Louise Arbuthnot granted bail to Mallya until 4 December. The next hearing has been set for 6 July.
Mallya was arrested by Scotland Yard in April and has been out on bail, which was further extended until 4 December also tentatively fixed as the final date of hearing in the case.
Mallya claimed that no loans were diverted anywhere.
Video: ANI, AP
Music: Big Bang Fuzz
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