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 to take” his offer.
I see the quick media narrative about my extradition decision. That is separate and will take its own legal course. The most important point is public money and I am offering to pay 100% back. I humbly request the Banks and Government to take it. If payback refused, WHY ?
— Vijay Mallya (@TheVijayMallya) December 5, 2018
In earlier tweets, the liquor tycoon said, “Politicians and Media are constantly talking loudly about my being a defaulter who has run away with PSU Bank money. All this is false. Why don’t I get fair treatment and the same loud noise about my comprehensive settlement offer before the Karnataka High Court. Sad.” Mallya further stated that Airlines are financially struggling due to high ATF(Aviation Turbine Fuel) prices. According to him, Kingfisher faced the highest ever crude prices of $140/barrel and that he promises to repay 100% of the Principal amount.
For three decades running India’s largest alcoholic beverage group, we contributed thousands of crores to the State exchequers. Kingfisher Airlines also contributed handsomely to the States. Sad loss of the finest Airline but still I offer to pay Banks so no loss. Please take it.
— Vijay Mallya (@TheVijayMallya) December 5, 2018
Airlines struggling financially partly becoz of high ATF prices. Kingfisher was a fab airline that faced the highest ever crude prices of $ 140/barrel. Losses mounted and that’s where Banks money went.I have offered to repay 100 % of the Principal amount to them. Please take it.
— Vijay Mallya (@TheVijayMallya) December 5, 2018
Politicians and Media are constantly talking loudly about my being a defaulter who has run away with PSU Bank money. All this is false. Why don’t I get fair treatment and the same loud noise about my comprehensive settlement offer before the Karnataka High Court. Sad.
— Vijay Mallya (@TheVijayMallya) December 5, 2018
Earlier in September, the UK court had set December 10 to deliver the verdict over if Vijay Mallya can be extradited to India or not. In India charges of money laundering and fraud are registered against him.
