Vijay Mallya has offered to pay 100 percent of the amount he owes to Indian banks. He has accused NDA of double standards and has said that his 4000 crore investment into Kingfisher was not recognised and instead slammed.
New Delhi:
Vijay Mallya has accused the NDA of double standards and tweeted, “I invested over 4000 crores into Kingfisher Airlines to save the Company and its employees. Not recognized and instead slammed in every possible way. The same PSU banks let India’s finest airline with the best employees and connectivity fail ruthlessly. Double Standards under NDA”.
I invested over 4000 crores into Kingfisher Airlines to save the Company and its employees. Not recognised and instead slammed in every possible way. The same PSU Banks let India’s finest airline with the best employees and connectivity fail ruthlessly. Double standards under NDA
— Vijay Mallya (@TheVijayMallya)Mallya, owner of the now defunct Kingfisher airlines, has blamed Indian banks for letting “India’s finest airline” close in 2012. Mallya, who is being investigated for defaulting on a Rs 9,000 crore loan for Kingfisher Airlines, said that lenders could have bailed out his airline in the same way Jet Airways has received help.
The 62-year-old fugitive who is now facing extradition from UK, tweeted, “Happy to see that PSU Banks have bailed out Jet Airways saving jobs, connectivity and enterprise. Only wish the same was done for Kingfisher”.
Happy to see that PSU Banks have bailed out Jet Airways saving jobs, connectivity and enterprise. Only wish the same was done for Kingfisher.
— Vijay Mallya (@TheVijayMallya)After Naresh Goyal and his wife Anita Goyal, founders of Jet, stepped down on Monday making way for a Rs 1500 crore bailout by lenders, Mallya reiterated his offer on Tuesday and told the Indian banks to “take his money”. He also said the money can be used to help the cash-strapped Jet Airways, if not useful for anything else. He tweeted “And I repeat once again that I have placed liquid assets before the Hon'ble Karnataka High Court to pay off the PSU Banks and all other creditors. Why do the Banks not take my money. It will help them to save Jet Airways if nothing else (sic)”.
And I repeat once again that I have placed liquid assets before the Hon’ble Karnataka High Court to pay off the PSU Banks and all other creditors. Why do the Banks not take my money. It will help them to save Jet Airways if nothing else.
— Vijay Mallya (@TheVijayMallya)In addition to his offer to pay 100% of the amount he owes to Indian banks, Mallya said that if his offer was accepted, the employees of Kingfisher should be paid first.
Double standard accusations from someone who has been unable to save his own company, has defaulted on loans and has appealed against extradition in the British high court reeks of double standards from the embattled liquor barren himself.
Read Exclusive COVID-19 Coronavirus News updates, at MyNation.