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Vijay Mallya cries out about Modi goverment’s crackdown on his properties

Shubham Singh by Shubham Singh
2 February 2019
in Trending
vijay mallya, tweets, fugitive
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Nowadays, the fugitive businessman and liquor baron Vijay Mallya is on a spree of making complaints and has been accusing the Indian officials of getting unfair with him. On Friday, in a series of tweets, he claimed that his group’s properties worth over Rs 13,000 crore have been attached which is more than the claimed amount of Rs 9,000 crore that he “ran away with”. The beleaguered industrialist played the victim card as he asked, “Where is Justice or fair play?”

Currently, in the United Kingdom, the liquor baron is being pursued by Indian authorities over a number of charges and fears imminent extradition. He owes about Rs. 9000 crores to 17 Indian banks.

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Vijay Mallya tweeted, “The DRT Recovery Officer recently attaches my Group assets worth over 13,000 crores in India on behalf of the Consortium of Banks. Yet the narrative is that I ran away with the claimed amount of 9000 crores causing loss to the Public Sector Banks. Where is Justice or fair play ?”

The DRT Recovery Officer recently attaches my Group assets worth over 13,000 crores in India on behalf of the Consortium of Banks. Yet the narrative is that I ran away with the claimed amount of 9000 crores causing loss to the Public Sector Banks. Where is Justice or fair play ?

— Vijay Mallya (@TheVijayMallya) February 1, 2019

The tweets did not step here as the fugitive businessman further added, “Every morning I wake up to yet another attachment by the DRT recovery officer. Value already crossed 13,000 crores. Banks claim dues including all interest of 9,000 crores which is subject to review.” He also asked, “How far will this go and well beyond ? Justified ??”

Every morning I wake up to yet another attachment by the DRT recovery officer. Value already crossed 13,000 crores. Banks claim dues including all interest of 9,000 crores which is subject to review. How far will this go and well beyond ? Justified ??

— Vijay Mallya (@TheVijayMallya) February 1, 2019

Vijay Mallya also claimed, “Banks have given an open license to their Lawyers in England to pursue multiple frivolous litigations against me.” He questioned, “Who is accountable for spending Public money on Legal fees in such a brazen manner ?”

And despite all the attachments in India, Banks have given an open licence to their Lawyers in England to pursue multiple frivolous litigations against me. Who is accountable for spending Public money on Legal fees in such a brazen manner ?

— Vijay Mallya (@TheVijayMallya) February 1, 2019

Mallya concluded by saying, “The Banks Lawyers in England have objected in writing to my paying my legitimate tax dues to HMRC which I requested. Irony is Indian State Banks want my money in England to settle an Indian debt already secured and deny payment to the U.K. tax exchequer. Disgraceful.”

And finally, the Banks Lawyers in England have objected in writing to my paying my legitimate tax dues to HMRC which I requested. Irony is Indian State Banks want my money in England to settle an Indian debt already secured and deny payment to the U.K. tax exchequer. Disgraceful.

— Vijay Mallya (@TheVijayMallya) February 1, 2019

Last year, after the extradition of AgustaWestland scam middleman Christian Michel, Vijay Mallya in a series of tweets made a request to the banks for the settlement of his dues. He also contested his extradition and claimed that the case against him is “politically motivated”. He also said, “I did not borrow a single rupee. The borrower was Kingfisher Airlines. Money was lost due to a genuine and sad business failure. Being held as guarantor is not fraud.” Last year, in June also, he made similar claims by releasing a letter to PM Modi and Finance Minister Arun Jaitley. His emotional rant is not a new thing as he has been doing it in the past several time and doing it now also.

Last year in December, Westminster Magistrates’ Court Chief Magistrate Emma Arbuthnot gave a decision in favor of extradition of Mallya. On January 5 this year, a special court in Mumbai under the Prevention of Money Laundering Act (PMLA) declared him a fugitive economic offender. Mallya is the first person who has been awarded the tag after the Parliament cleared the Fugitive Economic Offenders Act last year. The court also said that the order on confiscation of his properties will be taken on February 5.

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