Embattled liquor baron Vijay Mallya has asked Finance Minister Nirmala Sitharaman to consider his repeated "offer to repay 100 percent" of the amount borrowed by the now defunct Kingfisher Airlines, amid the coronavirus pandemic.
Mallya, who is wanted in India on alleged fraud and money laundering charges amounting to Rs 9,000 crore, also said all his companies have effectively ceased operations and manufacturing following the lockdown in India.
"I have made repeated offers to pay 100 percent of the amount borrowed by Kingfisher Airlines to the banks,” Mallya said in a series of tweets. Neither are banks willing to take money and neither is the ED willing to release their attachments which they did at the behest of the banks. I wish the FM would listen in this time of crisis.”
I have made repeated offers to pay 100 % of the amount borrowed by KFA to the Banks. Neither are Banks willing to take money and neither is the ED willing to release their attachments which they did at the behest of the Banks. I wish the FM would listen in this time of crisis.
March 31, 2020"The Indian government has done what was unthinkable in locking down the entire country. We respect that. All my companies have effectively ceased operations. All manufacturing is closed as well,” he added.
Indian Government has done what was unthinkable in locking down the entire Country. We respect that. All my Companies have effectively ceased operations. All manufacturing is closed as well. Yet we are not sending employees home and paying the idle cost. Government has to help.
March 31, 2020Mallya sought government help and said, "We are not sending employees home and paying the idle cost. Government has to help."
Asking people to stay safe and maintain social distancing, "which can effectively be achieved by staying home and enjoying home time with family and pets”, he said, "I am doing the same. We all have a sense of bravado but it's not worth challenging an unknown enemy which isn't Pulwama or Kargil."
Important to stay safe and maintain social distancing which can effectively be achieved by staying home and enjoying home time with family and pets. I am doing the same. We all have a sense of bravado but it's not worth challenging an unknown enemy which isn't Pulwama or Kargil.
March 31, 2020Mallya has challenged in the U.K. High Court his extradition from the country.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
