The judgment on whether the fugitive and embattled liquor tycoon Vijay Mallya would be extradited to India is expected to be pronounced on Monday at the Westminster Magistrates Court in London which is hearing the case on India’s request.

Mallya is wanted on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crore and has been on bail since his arrest on an extradition warrant in April last year.

Even though he has contested his extradition on the grounds that the case against him is “politically motivated” and the loans he has been accused of defrauding on were sought to keep his now-defunct Kingfisher Airlines afloat.

“I did not borrow a single rupee. The borrower was Kingfisher Airlines. Money was lost due to a genuine and sad business failure. Being held as guarantor is not fraud,” Mallya had said in his recent Twitter post on the issue.

Mallya had on Wednesday said that he has offered to pay back the full amount of the principal loan he owed to various banks.

In a series of tweets, he said, “Airlines struggling financially partly becoz of high ATF prices. Kingfisher was a fab airline that faced the highest ever crude prices of $ 140/barrel. Losses mounted and that’s where Banks money went.I have offered to repay 100% of the Principal amount to them. Please take it.”

Airlines struggling financially partly becoz of high ATF prices. Kingfisher was a fab airline that faced the highest ever crude prices of $ 140/barrel. Losses mounted and that’s where Banks money went.I have offered to repay 100 % of the Principal amount to them. Please take it.

— Vijay Mallya (@TheVijayMallya) December 5, 2018

He further said that his business group has “contributed thousands of crores to the state exchequers” adding that the “Kingfisher Airlines also contributed handsomely to the states.”

For three decades running India’s largest alcoholic beverage group, we contributed thousands of crores to the State exchequers. Kingfisher Airlines also contributed handsomely to the States. Sad loss of the finest Airline but still I offer to pay Banks so no loss. Please take it.

— Vijay Mallya (@TheVijayMallya) December 5, 2018

“Politicians and Media are constantly talking loudly about my being a defaulter who has run away with PSU Bank money. All this is false. Why don’t I get fair treatment and the same loud noise about my comprehensive settlement offer before the Karnataka High Court. Sad,” said Mallya in another tweet.

(With agency inputs)