Will pursue relief for ED, banks taking twice debt owed: Vijay Mallya
5 days ago

Will pursue relief for ED, banks taking twice debt owed: Vijay Mallya

Live Mint  

New Delhi, Dec 19 Fugitive businessman Vijay Mallya has said that he will pursue relief for the Enforcement Directorate and banks taking more than two times the debt he owed. In a series of posts on social media platform X, Mallya said, "The Debt Recovery Tribunal adjudged the KFA debt at ₹6203 crore including ₹1200 crore of interest." On Tuesday, replying to a debate on the first batch of Supplementary Demands for Grants in the Lok Sabha, Sitharaman said ₹14,131.6 crore worth properties belonging to Mallya have been restored to public sector banks. Claiming he never borrowed a single rupee, never stole, Mallya said, ".but as guarantor of KFA debt I am accused by CBI together with many others including IDBI Bank officials of fraudulently obtaining a ₹900 crore loan from IDBI Bank duly approved by their credit committee and Board.

History of this topic

‘We have been wronged…’ Vijay Mallya replies to Lalit Modi’s birthday wishes
4 days, 23 hours ago
'How Can ED, Banks Take More Than Two Times Debt?' Vijay Mallya Day After Sitharaman's LS Speech
5 days, 12 hours ago
Vijay Mallya hits back at FM Nirmala Sitharaman, asks how can I still be an offender, if...?
5 days, 13 hours ago
Fresh trouble for Vijay Mallya, CBI issues non-bailable warrant in ₹180-crore loan default case
5 months, 3 weeks ago
CBI court issues non-bailable warrant against Vijay Mallya in Rs 180-crore loan default case
5 months, 3 weeks ago
Mallya Sent Funds to Children's Accounts & Force India F1 Team as Kingfisher Flew in Debt Turbulence
1 year, 8 months ago
Vijay Mallya Had Funds to Repay Banks Before Fleeing, Chose to Buy 'Assets Worth Rs 330 Cr Abroad'
1 year, 9 months ago
Vijay Mallya bought properties worth ₹330 crore in England, France: CBI
1 year, 9 months ago
₹2000 fine, 4-month jail to Vijay Mallya; ‘didn’t show remorse,’ says SC
2 years, 5 months ago
Setback for Vijay Mallya as Supreme Court to declare punishment on Monday
2 years, 5 months ago
Rs 18,000 crore recovered from Vijay Mallya, Nirav Modi, Mehul Choksi
2 years, 10 months ago
18,000 crore recovered from Vijay Mallya, Nirav Modi, Mehul Choksi: Government
2 years, 10 months ago
Vijay Mallya contempt case to be dealt with finally on Jan 18: Supreme Court
3 years ago
Kingfisher Airlines Case: Vijay Mallya Mocks Banks for Saying He Still Owes Them Money
3 years, 4 months ago
Fugitive economic offender Vijay Mallya declared bankrupt by London court
3 years, 4 months ago
Court allows banks to sell Vijay Mallya's real estate assets and securities
3 years, 6 months ago
Where Was Fraud, Asks Vijay Mallya over PMLA Court's Nod to Sell His Properties to Recover Loans
3 years, 6 months ago

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