Vijay Mallya censures government for discrimination


New Delhi: Beleaguered liquor baron Vijay Mallya has blamed government for discrimination between state-owned and private airlines,according to reports.

The embattled liquor tycoon in series of tweets said :”I invested hugely into Kingfisher which rapidly grew to become India’s largest and most awarded airline. True, Kingfisher borrowed from PSU Banks as well. I have offered to pay back 100 percent but am being criminally charged instead”.

Mallya even questioned that why banks are refusing to accept his offer.

“Every time I say that I am willing to pay 100 percent back to the PSU Banks, media say I am spooked, terrified etc of extradition from the U.K. to India. I am willing to pay either way whether I am in London or in an Indian Jail. Why don’t Banks take the money I offered first?” he further said in his tweet.

Noteworthy that Westminster court of London has ordered Mallya’s extradition to India. The beleaguered liquor baron Mallya owes Rs 11,000 crore to a consortium of Indian banks led by State Bank of India (SBI).

These banks are Bank of Baroda, Corporation Bank, Federal Bank, IDBI Bank, Indian Overseas Bank, Jammu and Kashmir Bank, Punjab and Sind Bank, Punjab National Bank, State Bank of Mysore, UCO Bank, United Bank of India and JM Financial Asset Reconstruction Company.

Media reports have earlier said Mallya had vowed to cut down his monthly allowance to Rs 26 lakh (29,500 pounds) per month.

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