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Vijay Mallya: Controversial businessman Vijay Mallya’s troubles mounted further on Wednesday, with the Supreme Court issuing notice to him seeking his response within two weeks on pleas filed by a consortium of banks demanding direction for freezing his passport and his presence in the court. However, what came as a surprise was the revelation by attorney general Mukul Rohatgi that Mallya had left the country a week back and was probably in London. (Reuters) [09-03-2016]
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1. Vijay Mallya's Kingfisher Airlines case: "I have been most pained as being painted as an absconder – I have neither the intention nor any reason to abscond. I have been a non-resident for almost 28 years and the Reserve Bank of India has acknowledged this in writing," Mallya said in the statement. (Reuters)
2. Vijay Mallya's Kingfisher Airlines case: I am not a borrower or a judgement defaulter and challenge the willful defaulter tag by some banks. Banks have not gone after borrowers who owe much more than the amount allegedly owed by Kingfisher Airlines. (Reuters) -
3. Vijay Mallya's Kingfisher Airlines case: Putting the blame also on media and the TRP race, he said in a statement banks in India have NPAs of Rs 11 lakh crore and have borrowers who owe much more than the amount allegedly owed by Kingfisher Airlines (KFA) –"a fact never alluded to or widely reported by the media as in my case". (Reuters)
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4. Vijay Mallya's Kingfisher Airlines case: "Over the years, I have built successful businesses in India and abroad. I am also honoured to be a member of the Rajya Sabha. I have been summoned before various investigative agencies and have duly attended and cooperated with each of them, and I will continue to do so," said Mallya. (Reuters)
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5. Vijay Mallya's Kingfisher Airlines case: "My statement as to my personal future after quitting Diageo/USL – that I want to spend more time in England closer to my children – has been grossly distorted and misportrayed. I wish to reduce my business commitments gradually and devote more time to my family, and that my resignation from United Spirits was a step in this direction," said Mallya. (Reuters)
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6. Vijay Mallya's Kingfisher Airlines case: "In effect, I have given up my interests in the spirits business globally at considerable cost. I have always lived an honourable life and the calumny notwithstanding shall continue to do so," said Mallya. (Reuters)
