NEW DELHI: Fugitive liquor baron Vijay Mallya, who's sought after in India over mortgage default, on Tuesday said he has grow to be the "Poster Boy" of bank default and a lightning rod of public anger.
Breaking his silence after a long time, to state the "factual position in response to the controversy unfortunately surrounding" him, Mallya said he had written letters to both the Prime Minister and the finance minister on April 15, 2016 to provide an explanation for his facet of the story.
Read: Full textual content of letter Mallya wrote to PM, FM in 2016
"No response was received from either of them," he said in a statement.
He further said,"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 (KFA). Some of the lending Banks have also labelled me a wilful defaulter".
Mallya, who's recently preventing in opposition to extradition to India from the United Kingdom, additionally said the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) have filed charge sheets in opposition to him "with various untenable and blatantly false allegations acting at the behest of the Government and lending Banks".
"The ED have also attached assets belonging to me, my Group Companies and companies owned and/or controlled by my family under the Prevention of Money Laundering Act (PMLA) currently valued at approximately Rs 13,900 crore," he added.
In abstract, Mallya added, "I have become the 'Poster Boy' of Bank default and a lightning rod of public anger".
Breaking his silence after a long time, to state the "factual position in response to the controversy unfortunately surrounding" him, Mallya said he had written letters to both the Prime Minister and the finance minister on April 15, 2016 to provide an explanation for his facet of the story.
Read: Full textual content of letter Mallya wrote to PM, FM in 2016
"No response was received from either of them," he said in a statement.
He further said,"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 (KFA). Some of the lending Banks have also labelled me a wilful defaulter".
Mallya, who's recently preventing in opposition to extradition to India from the United Kingdom, additionally said the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) have filed charge sheets in opposition to him "with various untenable and blatantly false allegations acting at the behest of the Government and lending Banks".
"The ED have also attached assets belonging to me, my Group Companies and companies owned and/or controlled by my family under the Prevention of Money Laundering Act (PMLA) currently valued at approximately Rs 13,900 crore," he added.
In abstract, Mallya added, "I have become the 'Poster Boy' of Bank default and a lightning rod of public anger".
I've become poster boy of bank default: Vijay Mallya
![I've become poster boy of bank default: Vijay Mallya]()
Reviewed by Kailash
on
June 26, 2018
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