Take my money, save Jet Airways, Vijay Mallya tweets again

NEW DELHI: After Naresh Goyal's departure from Jet Airways, Vijay Mallya repeated his be offering again on Tuesday and suggested PSU (public sector) banks to take his money as it could assist them to save lots of cash-stripped Jet.

Goyal at the side of his spouse Anita stepped down on Monday following which lenders agreed to pump in Rs 1,500 crore to bail out the financially bothered airline.

Jet will get a lifeline as Naresh Goyal quits as chairman

Lenders agreed to pump in finances as this used to be the only solution to stay the airline operational and provides them a possibility to recuperate their dues of over Rs eight,000 crore. The executive used to be also prepared that the service proceed to operate as closure would motive large-scale task losses, significantly cut back airline capacity in the nation and wipe out any likelihood of creditors improving their money.


In a chain of tweets posted in the early hours, Mallya mentioned, "Happy to see that PSU Banks have bailed out Jet Airways saving jobs, connectivity and enterprise. Only wish the same was done for Kingfisher."



Repeating his be offering, Mallya added, "I have placed liquid assets before the Hon’ble Karnataka High Court to pay off the PSU Banks and all other creditors. Why do the Banks not take my money. It will help them to save Jet Airways if nothing else."




'Please take the money', stop narrative that I 'stole', says Vijay Mallya

Mallya had introduced to pay again 100 in step with cent of "public money" to various Indian banks and suggested the government to accept his be offering on Wednesday. This comes days forward of a UK court's decision on his plea not to extradite him to India.


The embattled liquor baron also mentioned that, "I invested over Rs 4,000 crore into Kingfisher Airlines to save the Company and its employees. Not recognised and instead slammed in every possible way. The same PSU Banks let India’s finest airline with the best employees and connectivity fail ruthlessly. Double standards under NDA."



Jet has been witnessing a bruising pageant from the cheap airways, fluctuating crude prices and susceptible rupee. The airline, which is in massive debt, has to pay off money to banks, lessors and suppliers besides clearing pending salaries to its pilots.


Mallya is currently going through going through extradition to India from the UK.


Last month Mallya, who is sought after in India on alleged fraud and money laundering fees amounting to an estimated Rs nine,000 crore, had filed his utility in the UK High Court, searching for permission to enchantment in opposition to an extradition order signed through the British Home Secretary.


(With agency inputs)
Take my money, save Jet Airways, Vijay Mallya tweets again Take my money, save Jet Airways, Vijay Mallya tweets again Reviewed by Kailash on March 26, 2019 Rating: 5
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