Vijay Mallya hits out again in Kingfisher loan default case; says verify facts before calling me a defaulter

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New Delhi | Updated: May 3, 2016 11:53:39 AM

Vijay Mallya tweeted, "In all humility and not in defiance as they report, I would like Indian media to check and verify facts before calling me a defaulter."

Vijay MallyaMallya also tweeted, “Agree Kingfisher Air owes money to Banks. I am neither a borrower or a judgement debtor. Why am I a defaulter inspite of a settlement offer?” (Reuters photo)

Beleaguered liquor baron Vijay Mallya on Tuesday hit out at media and asked them to “check facts” before calling him a defaulter. “In all humility and not in defiance as they report, I would like Indian media to check and verify facts before calling me a defaulter,” Mallya tweeted.

Mallya also tweeted, “Agree Kingfisher Air owes money to Banks. I am neither a borrower or a judgement debtor. Why am I a defaulter inspite of a settlement offer?”

Mallya, facing a case of loan default of over Rs 9,400 crore, on Monday resigned from Rajya Sabha, a day before Ethics Committee of the Upper House was set to recommend his expulsion.

 

In his resignation letter to Rajya Sabha Chairman Hamid Ansari, he said he does not want his “name and reputation to be further dragged in the mud”.

“And since recent events suggest that I will not get a fair trial or justice, I am hereby resigning as a member of the Rajya Sabha with immediate effect,” Mallya said in the letter.

 


Mallya wants a “reasonable” settlement with creditor banks to his defunct airline, he said in an interview to Financial Times on Friday.

“We have always been in dialogue with banks saying: ‘We wish to settle’. But we wish to settle at a reasonable number that we can afford and banks can justify on the basis of settlements done before,” Mallya told the newspaper in London.

“By taking my passport or arresting me, they are not getting any money,” the newspaper quoted him as saying.

Mallya said he was in “forced exile” and had no plans to leave Britain.

In a step closer to initiating his deportation, the government had over a week ago revoked the passport of Mallya.

Mallya, 60, flew first class from Delhi to London on March 2 at a time when the government and mainly public sector banks are trying to recover $1.4 billion owed by his collapsed Kingfisher Airlines Ltd.

(With inputs from Agencies)

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