Fugitive Vijay Mallya, who is undergoing extradition trial in UK court in the case of bank fraud, has offered Indian banks to pay the principal amount of the loan. It is believed that Vijay Mallya is frightened by the arrest of alleged middleman Michel in the Augusta Westland helicopter deal. The 62-year-old liquor baron is wanted in India for defaulting Indian banks to the tune of Rs 9,000 crore besides allegations of money laundering and diversion of funds. Watch so Shayari and enjoy.