Mallya is wanted for alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crore
He further said the DRT recovery officer recently attached his group's assets worth over Rs 13,000 crore in India on behalf of the consortium of banks
Last month, Mumbai special PMLA court had rejected Mallya's plea seeking a stay on hearing of ED's application to declare him a fugitive
Vijay Mallya is wanted in India for alleged fraud and money laundering charges amounting to an estimated Rs 90 billion
Mallya remains on bail after his extradition was recently ordered by Westminster Magistrates' Court in London, an order which now awaits a sign-off by the UK home secretary
Vijay Mallya had offered to pay back the full amount of the principal loan he owed to multiple banks
The court accepted the Indian government's contention that because Mallya has such a 'high profile'
Mallya now has 14 days to appeal against the order
allya, wanted in India on charges of fraud and money laundering amounting to around Rs 90 billion, had been on bail since his arrest on an extradition warrant in April last year
Vijay Mallya has 14 days to appeal extradition order
Mallya made the remarks while talking to reporters outside the Westminster Magistrates' Court, which is expected to deliver its verdict on his extradition after a year-long trial
The 62-year-old former Kingfisher Airlines boss has been on bail since his arrest on an extradition warrant in April last year
Mallya left for the United Kingdom in March 2016 taking advantage of the dilution in the CBI lookout notice against him
The trial, which opened at the Magistrates' Court on December 4 last year, has gone through a series of hearings beyond the initial seven days earmarked for it
ED had moved PMLA court in Mumbai seeking to declare Mallya fugitive economic offender
The 95-metre vessel named 'Indian Empress' was successfully auctioned to Sea Beauty Yachting Limited for 35 million euros in September
Advocate Desai, while opposing the ED plea, said that Mallya had cooperated with the Debts Recovery Tribunal in its proceedings in relation to the loans given to his firms
The high court, however, said it was not inclined to grant any relief
UBS had called in the loan in June 2016 - 8 months before the end of the 5-year mortgage period - citing the various legal battles that Mallya had by then become embroiled in
The judicature has issued an order asking Vijay Mallya to pay a hefty amount of 88,000 pounds to UBS Investment Bank, which had issued 20.4 million pounds in the mortgage loan for his London property