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Vijay Mallya offers to repay 100 percent of his loan dues, seeks closure of case

Written by  Rajan Nath -- May 14th 2020 12:33 PM
Vijay Mallya offers to repay 100 percent of his loan dues, seeks closure of case

Vijay Mallya offers to repay 100 percent of his loan dues, seeks closure of case

Vijay Mallya on Thursday asked the Central government to accept his offer to repay 100 percent of his loan dues and close the case against him. He congratulated the Centre for introducing Rs 20 lakh crore relief package to boost the economy amid the coronavirus outbreak. Meanwhile, Mallya lamented that his repeated attempts to pay back his dues have been ignored by the Central government. "Congratulations to the Government for a COVID-19 relief package. They can print as much currency as they want BUT should a small contributor like me who offers 100% payback of State-owned Bank loans be constantly ignored? Please take my money unconditionally and close," he said in a tweet. Earlier this month, Mallya sought permission to appeal against a ruling ordering his extradition to India in Britain's highest court the UK Supreme Court. https://twitter.com/TheVijayMallya/status/1260722248060735489?s=20 The application came two weeks after the High Court in London - the UK's second-highest court - dismissed the appeal of Vijay Mallya against a lower court ruling that he should be sent to India to face the charges of defrauding a consortium of Indian banks of more than Rs 9,000 crores relating to the collapse of Kingfisher Airlines in 2012. Also Read | Indian Railways cancels all tickets booked to travel on or before June 30 Earlier, Mallya had said in a tweet that he had offered to pay 100 percent of the amount borrowed by Kingfisher Airlines to the banks. However, he said that neither banks were willing to take the money nor the Enforcement Directorate was willing to release his attached assets at the behest of the banks. -PTC News


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