Embattled liquor tycoon Vijay Mallya told the Bombay High Court Wednesday that by declaring him a fugitive economic offender and allowing attachment of his assets, a special court had awarded him an "economic death penalty".
Mallya made the statement through his counsel Amit Desai before a bench of justices Ranjit More and Bharati Dangre, during arguments on his plea challenging several provisions of the Fugitive Economic Offenders Act that came into existence in August last year.
"My debts and the interest on such debts are mounting. I have assets to pay off these debts but the government won't allow the use of