“Why Prime Minister Is Not Instructing His Banks To Take Money,” :Vijay Mallya
Mumbai: Liquor Baron Vijay Mallya asks why the PM Modi is not instructing banks to take money he made available to pay off the public fund lent to Kingfisher.
Mallya is the subject of an extradition effort by the Indian Government to return him to India from the UK to face charges of financial crimes.
Speaking in his twitter handle Viajy tweeted saying, “The Prime Ministers last speech in Parliament was brought to my attention. He certainly is a very eloquent speaker. I noticed that he referred to an unnamed person who “ran away” with 9000 crores. Given the media narrative I can only infer that reference is to me.”
https://twitter.com/TheVijayMallya/status/1095842523870826497
In another tweet he said, “Following on from my earlier tweet, I respectfully ask why the Prime Minister is not instructing his Banks to take the money I have put on the table so he can at least claim credit for full recovery of public funds lent to Kingfisher.”
https://twitter.com/TheVijayMallya/status/1095843079599333382
Mallya claims that he had offer to to settle before the High Court of Karnataka. “I have made the offer to settle before the Hon’Ble High Court Court of Karnataka. This cannot be dismissed as frivolous. It is a perfectly tangible, sincere, honest and readily achievable offer. The shoe is on the other foot now. Why don’t the Banks take the money lent to KFA ?
https://twitter.com/TheVijayMallya/status/1095843887111946243
Once called the “King of Good Times” due to his extravagant lifestyle, Mallya and his companies have been embroiled in financial scandals, and controversies since 2012.
Mallya left India on 2 March 2016 after saying he wanted to move to Britain to be closer to his children. A group of 17 Indian banks are trying to collect approximately ₹9,000 crore in loans which Mallya has allegedly routed to gain 100% or a partial stake in about 40 companies across the world.
CBI has registered the case against him under sections 13 (2) and 13 (1) of Prevention of Corruption Act read with section 120 B, 420 and 409 of Indian Penal Code on the complaint of the consortium of Banks led by the SBI.
Earlier on January 2 Vijay Mallya became the first person to be declared as fugitive offender under the Fugitive Economic Offender Act.
Meanwhile, last year Westminster Magistrate’s Court merit in the charges registered against Mallya in India and approved his extraditon. After which the casehas been posted to the UK’s secreatary of the state for the confirmation.
