Business tycoon Vijay Mallya, on Friday took to Twitter saying he is ready to negotiate with banks to pay a one-time settlement charge on Rs 9,000-crore loan default.
“Public-sector banks have policies for one-time settlements. Hundreds of borrowers have settled. Why should this be denied to us?” he tweeted.
Public Sector Banks have policies for One Time Settlements.Hundreds of borrowers have settled. Why should this be denied to us ?
— Vijay Mallya (@TheVijayMallya) March 9, 2017
“Our substantial offer before the Honble Supreme Court was rejected by the banks without consideration,” he added.
Our substantial offer before the Hon’ble Supreme Court was rejected by Banks without consideration.Am ready to talk settlement on fair basis
— Vijay Mallya (@TheVijayMallya) March 9, 2017
He further requested the Supreme Court to intervene and direct the banks to negotiate and settle.
Wish the Hon’ble Supreme Court would intervene and put an end to all this by directing Banks and us to negotiate and settle.We are ready.
— Vijay Mallya (@TheVijayMallya) March 9, 2017
Yesterday, Attorney General Mukul Rohatgi charged that Mallya had failed to disclose the $40 million deal with London-based company Diageo to the Supreme Court.
“He took the Supreme Court for a ride, cares two hoots for the courts,” Rohatgi said.
Following this, the Supreme Court asked the liquor baron about the truthfulness of his disclosure of assets and transfer of the $40 million to his children.
“You answer us whether you have disclosed your assets truthfully? Did you violate the Karnataka High Court order (restraining Mallya from transferring and alienating assets) by transferring $40 million,” a bench of Justices AK Goel and UU Lalit asked Mallya’s counsel.
