Vijay Mallya tweets : Ready to repay 100% principal amount to banks
Vijay Mallya tweets : Ready to repay 100% principal amount to banks
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New Delhi: Fugitive Liquor tycoon Vijay Mallya has again made a keen appeal to Indian banks to accept his offer to pay back 100% of the principal loan amount, while rejecting that the move was connected to the extradition proceedings against him.
Worth mention here Mallya’s tweets came hours after alleged Agusta-Westland VVIP chopper deal fixer Christian Michel was brought to India from Dubai follwing the first successful extradition since India initiated alike proceedings in opposition to economic offenders like Mallya, Nirav Modi and Mehul Choksi. Talking to CNN-News18, Finance Minister Arun Jaitley stated the trio would soon follow Michel.
Asking for banks to accept his offer, Mallya maintained that the mammoth loans he took from banks went into keeping his now-defunct Kingfisher Airlines buoyant in spite of high jet fuel prices. Mallya also claimed that his huge liquor kingdom, the United Breweries, contributed “handsomely” to state exchequers.
“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 (sic),” he tweeted.
As rumor mounted on the timing of Mallya’s tweets following Michel’s extradition, the liquor baron stated, “I see the quick media narrative about my extradition decision. That is separate and will take its own legal course…”

Here is the series of Tweets -

 

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