(Photo: Reuters)
HIGHLIGHTS
- In a series of tweets, Vijay Mallya said that he had made an offer to settle before the Karnataka High Court
- He also said that he had put approximately Rs 14,000 crore worth of assets in front of the court
- On January 2, Mallya became the first person to be declared a fugitive offender under the Fugitive Economic Offenders Act
Beleaguered businessman Vijay Mallya on Thursday asked why the Prime Minister Narendra Modi was not instructing the banks to take the money he had made available to pay off the public funds lent to Kingfisher.
In a tweet, Mallya said, "I respectfully ask why the Prime Minister is not instructing his Banks to take the money I have put on the table so he can at least claim credit for full recovery of public funds lent to Kingfisher."
Following on from my earlier tweet, I respectfully ask why the Prime Minister is not instructing his Banks to take the money I have put on the table so he can at least claim credit for full recovery of public funds lent to Kingfisher.
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It came after PM Modi in his last Parliament speech referred to an unnamed person who "ran away" with Rs 9,000 crore.
In response, Vijay Mallya said that the prime minister was a very eloquent speaker and added, "Given the media narrative, I can only infer that reference is to me."
The Prime Ministers last speech in Parliament was brought to my attention. He certainly is a very eloquent speaker. I noticed that he referred to an unnamed person who “ran away” with 9000 crores. Given the media narrative I can only infer that reference is to me.
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In a series of tweets, Vijay Mallya said that he had made an offer to settle before the Karnataka High Court.
"This cannot be dismissed as frivolous. It is a perfectly tangible, sincere, honest and readily achievable offer. The shoe is on the other foot now. Why don’t the banks take the money lent to KFA?" Mallya said.
I have made the offer to settle before the Hon’Ble High Court Court of Karnataka. This cannot be dismissed as frivolous. It is a perfectly tangible, sincere, honest and readily achievable offer. The shoe is on the other foot now. Why don’t the Banks take the money lent to KFA ?
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He further defended himself against the accusations made against him and said that he had put approximately Rs 14,000 crore worth of assets in front of the court.
"Am appalled to say the least at the media reports on the Enforcement Directorate claims that I hid my wealth. Shameful misleading of public opinion but unsurprising," Mallya said in one of the tweets.
Am appalled to say the least at the media reports on the Enforcement Directorate claims that I hid my wealth ! If there was hidden wealth how could I put approximately 14,000 crores worth of assets openly in front of Court ? Shameful misleading of public opinion but unsurprising.
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On January 2, Mallya became the first person to be declared a fugitive offender under the Fugitive Economic Offenders Act.
Mallya is accused of defrauding a consortium of banks to the tune of Rs 9,000 crore apart from separate cases of tax evasion. The ED has also accused him of money laundering.
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