India

Vijay Mallya writes letter, agrees to settle his due to the government

Vijay Mallya writes letter, agrees to settle his due to the government
Written by Abhishek Rana

Vijay Mallya has released a letter that he had written to Prime Minister Narendra Modi, two years ago. He has also released a statement, in which he says that is trying to pay his dues, back to the government. He  says, “I wrote letters to both the Prime Minister and the Finance Minister on 15th April 2016 and am making these letters public to put things in the right perspective. No response was received from either of them.” He goes on to accuse the politicians of marring his reputation, “I have been accused by politicians and the media alike of having stolen and run away with Rs. 9,000 crores that was loaned to Kingfisher Airlines. Some of the lending Banks have also labelled me a wilful defaulter.”

Vijay Mallya is a fugitive, having absconded from India to United Kingdom, after his frauds were exposed by the authorities. The CBI has been trying to catch and bring him back to the country to face the justice, but he has evaded getting in serious trouble until now with the help of his status.

Mallya seems to be trying to turn the narrative of blame toward the Enforcement Directorate, as he further explains, “The surprising fact is that the ED has objected in court to my Group’s applications for sale of assets in order to allow me to repay creditors, including Public Sector banks,” he said, commenting that it raised the “fundamental question of whether the Government wants me to repay the Public Sector Banks or not”.

“I am tired of the relentless pursuit of me by the Government and its criminal agencies. All my efforts are either ignored or misunderstood.” “I respectfully say that I have made and continue to make every effort in good faith to settle with the public sector banks. If politcally motivated extraneous factors interfere, there is nothing that I can do.”

Vijay Mallya's letter to the government

Vijay Mallya’s letter to the government

 

About the author

Abhishek Rana

Since my early childhood, I’ve loved writing, watching movies and having an opinion. Now, I do it professionally. Always looking for new ways to challenge myself.

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