Mallya says ready to talk to banks for one-time settlement
Mallya says ready to talk to banks for one-time settlement
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Embattled businessman Vijay Mallya on Friday took to Twitter, saying he is ready to negotiate with banks for one-time settlement of Rs. 9,000-crore loan default.

Mallya said “Public sector banks have policies for one-time settlements. Hundreds of borrowers have settled. Why should this be denied to us? Our substantial offer before the honorable Supreme Court was rejected by banks without consideration. (I) am ready to talk settlement on the fair basis.” 

He further said: “Wish the Supreme Court would intervene and put an end to all this by directing banks and us to negotiate and settle. We are ready.”

He also added that he has “humbly obeyed every single court order without exception” and “seems as if the government is bent on holding me guilty without fair trial.” 

Further, he said that “The allegations against me by the Attorney General before the Supreme Court only prove the attitude of the government against me.” 

MEA officials said they hadn’t received any information on Friday’s court order yet.

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