Home » National News » 'I am fully vindicated by PM Modi, all dues recovered,' claims fugitive Vijay Mallya

'I am fully vindicated by PM Modi, all dues recovered,' claims fugitive Vijay Mallya

Speed News Desk | Updated on: 1 April 2019, 11:37 IST
Vijay Mallya

Economic fugitive Vijay Mallya is again in news after he claimed that PM Narendra Modi has accepted in an interview that Rs 14,000 crore has been recovered from his assets and he stands vindicated.

Claiming to be the “poster boy” of the BJP-led NDA government at the Centre, Mallya tweeted that the narrative of him ‘running away’ suits the ruling party as the 2019 Lok Sabha election is approaching.

Vijay Mallya, in one of his tweet said, “I humbly submit that my assertion that I am a poster boy is fully vindicated by the PM’s own statement about me (by name)that his Govt has recovered more than what I allegedly owe the Banks. Fact that I have been a UK resident since 1992 ignored. Suits the BJP to say I ran away.”

Mallya is accused of siphoning off loans worth Rs 9,000 crore from a consortium of Indian banks. He is facing extradition to India on fraud and money laundering charges.

PM Modi, in a TV interview had earlier said that, “You must've seen in the case of Vijay Mallya. He owed banks Rs. 9,000 crores but the government has confiscated his properties worth Rs. 14,000 crore from across the world. Now, he is in trouble because we are taking double the amount.”

The former Kigfisher Airlines owner has filed an application where is seeking permission to appeal against the extradition process.

Mallya had also tweeted, “Saw PM Modi’s interview in which he takes my name and says that even though I owe Rs 9000 crores to Banks, his Govt has attached my assets worth Rs 14,000 http://crores.So the highest authority has confirmed full recovery. Why do BJP spokesmen continue their rhetoric?”

Also read: Pakistan will die its own death, leave it, let’s move ahead: PM Modi

First published: 1 April 2019, 11:37 IST