Current AffairsIndia

Mallya reiterates his offer to pay back banks, claims charges of him being defaulter false

New Delhi, Dec 5 (GCCurrentAffairs) A day after Christian Michel, alleged middleman in AgustaWestland chopper deal, was brought to Delhi after being extradited from the UAE, fugitive businessman Vijay Mallya on Wednesday made an offer to pay 100 per cent back the money he owed to the banks and claimed charges of him being a defaulter were false.

‘I see the quick media narrative about my extradition decision. That is separate and will take its own legal course. The most important point is public money and I am offering to pay 100% back. I humbly request the Banks and Government to take it. If payback refused, WHY ?,’ he said in a series of tweets.

He said that his companies contributed thousands of crores to the State exchequers and his Kingfisher Airlines also contributed handsomely to the States, adding that it was loss of the finest airlines but still he agrees to pay the banks and requested to take it.

‘For three decades running India’s largest alcoholic beverage group, we contributed thousands of crores to the State exchequers. Kingfisher Airlines also contributed handsomely to the States. Sad loss of the finest Airline but still I offer to pay Banks so no loss. Please take it,’ Mallya said.

He said Kingfisher airlines suffered due to high ATF prices because of highest ever crude prices and the losses but he was ready to repay 100 per cent of the principal amount to them.

‘Airlines struggling financially partly because of high ATF prices. Kingfisher was a fab airline that faced the highest ever crude prices of $ 140/barrel. Losses mounted and that’s where Banks money went.I have offered to repay 100 % of the Principal amount to them. Please take it,’ he said in another tweet.

He said politicians and media were alleging him to be a defaulter who has run away with PSU Bank money but this was false and pleaded for fair treatment.

‘Politicians and Media are constantly talking loudly about my being a defaulter who has run away with PSU Bank money. All this is false. Why don’t I get fair treatment and the same loud noise about my comprehensive settlement offer before the Karnataka High Court. Sad,’ he said.

He also reiterated that he had made settlement offers since 2016.

British national Christian Michel, wanted by investigative agencies in the Rs 3,600 crore AgustaWestland VVIP choppers deal case, landed in India on Tuesday night after a Dubai court paved way for his extradition last month.

Via UNI-India

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