A day after the government announcement of Public Sector Banks (PSUs) bailout plan for Jet Airways, fugitive liquor baron Vijay Mallya lashed out at the PSUs for their “double standards” under the current NDA regime for their intervention to bailout Jet Airways while the same lenders made his Kingfisher airlines “fail[Read More…]
Tag: Vijay Mallya
Happy to see PSU banks bailing out Jet Airways: Vijay Mallya
New Delhi: Fugitive businessman Vijay Mallya on Tuesday said he was happy to see that public sector banks have bailed out Jet Airways, wishing the same was done for his now defunct Kingfisher Airlines. In a series of tweets, he also suggested that banks should take his money to help[Read More…]
Mumbai Special Court declares absconder liquor baron Vijay Mallya ‘fugitive’
Mumbai, In a significant victory for the investigating agencies, a Mumbai Special Court on Saturday declared absconder liquor baron Vijay Mallya a ‘fugitive’ under the Fugitive Economic Offenders Act, 2018. A Special Prevention of Money Laundering Act (PMLA) Court in Mumbai gave its verdict in a case filed by the[Read More…]
UK court orders Vijay Mallya’s extradition to India
A court in the United Kingdom orders Vijay Mallya’s extradition to India today to face charges of financial irregularities running into thousands of crores. The 62-year-old former boss of Kingfisher Airlines has been on bail since his arrest on an extradition warrant in April last year.
Vijay Mallya offers to repay 100% public money back
Fugitive liquor businessman and former Member of Parliament Vijay Mallya in a series of tweets on Wednesday said that he is “offering to pay 100%” of the public money back. Saying that while the matter of his extradition will take its own course, he “humbly requests the Banks and Government[Read More…]
Extradition blade hanging, Mallya offers to repay 100% bank money
New Delhi: Absconding liquor baron Vijay Mallya, wanted in a Rs 9,000 crore bank loan default case, on Wednesday offered to pay back “100 per cent of the principal amount” as speculations over his extradition were raised after AgustaWestland middleman Christian Michel was brought here for interrogation. His move came[Read More…]
Who is chief architect of Mallya’s escape, Congress asks Modi
New Delhi, Sep 14 (IANS) The Congress on Friday accused Prime Minister Modi of maintaining “conspiratorial silence on fugitive businessman Vijay Mallya, demanding to know who the “chief architect and protector of his escape” was. Party spokesman Randeep Singh Surjewala demanded an independent probe into the episode and asked: “Who is[Read More…]
Rahul Gandhi demands Jaitley’s resignation over Mallya’s claim
Hours after fugitive businessman Vijay Mallya said he met Finance Minister Arun Jaitley before leaving the country, Congress President Rahul Gandhi on Wednesday demanded Jaitley’s resignation. Prime Minister Narendra Modi should order an “independent probe” into the matter, he said. “Given Vijay Mallya’s extremely serious allegations in London, the PM[Read More…]
Congress slams Jaitley after Mallya says he met him, demands response from government
New Delhi, Sep 12 (IANS) As fugitive businessman Vijay Mallya on Wednesday said he had met Finance Minister Arun Jaitley before leaving the country, the Congress took a dig at him dubbing him as “fiscal mismanagement blog minister” and demanded a detailed response and disclosure from the government and inquiry into[Read More…]
India Brings Fugitive Economic Offenders at par with Culpable Physical Offenders
The law is considered worthy if it evolves continually with the changing needs of the society. Last few years have seen a surge in the economic wrongdoers fleeing the country and taking refuge in the secure foreign settings. In the given circumstances, what Indian authorities could do was to pursue[Read More…]
