Vijay Mallya offers to pay 100% of loans, urges Indian government to close case


Daijiworld Media Network - New Delhi (SHP)

New Delhi, May 14: Absconded liquor baron Vijay Mallya, who is fighting against his extradition to India, on Thursday requested the government to accept his offer of repaying all his dues and close case against him.

While appreciating the Indian government for announcing 20 lac crore economic package amid the pandemic, Mallya claimed to have been disappointed when his repeated offers to pay his dues are being ignored.

"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?" he said in a tweet.


Vijay Mallya

The owner of the inoperative Kingfisher Airlines, who is wanted in India over alleged fraud and money laundering charges amounting to estimated Rs 9,000 crore, added, "Please take my money unconditionally and close."

Mallya had filed an appeal in the UK Supreme Court earlier in the month, after losing an appeal in the London High Court against an extradition order to India on alleged charges of fraud and money laundering related to unrecovered loans to Kingfisher Airlines.

 

 

 

  

Top Stories

Comment on this article

  • Varun, Mlore

    Fri, May 15 2020

    He is talking about the loan amount, not the interest and non payment penalty accumulated. Jail is waiting for u Mr. MALLYA

    DisAgree Agree [1] Reply Report Abuse

  • J.F D SOUZA, Attavar, Mangalore

    Fri, May 15 2020

    That amounts to crores of rupees unlike Mr. Mallyas. Moreover the Modi govt. has waived again crores of rupees of business magnates taken as loan from Banks. why this disparity ?

    DisAgree [2] Agree [3] Reply Report Abuse

  • Arthur, Mangalore

    Fri, May 15 2020

    Because he is not from the right community. Guess the community of the architect who got the Central Vista project. Guess the state of the company which got the virus testing kit contract. Guess the community of the head of the RBI.

    DisAgree [1] Agree [1] Reply Report Abuse

  • smr, Karkala

    Thu, May 14 2020

    This absconded liquor baron Vijay Mallya, calendar girl fame and 'Kingfisher' trade mark alcohol brand has not paid his Kingfisher Airlines staff but he was still bidding for IPL team offering millions.

    The banks which gave him 'willful defaulter' certificate should answer how he qualifies to bid for IPL Cricket team who has not paid his indebted airlines employees need full investigation under the independent and honest retired judge bench.

    His escape to United Kingdom is more dramatic under present Modi government and many questions till not answered.

    1. Did Mallya met with late Finance Minister Arun Jaitley before leaving the country. Whether Jaitley informed PM Modi about the meeting. These things need to be informed to Parliament.
    2. Why CBI converted its Look Out Notice for the detention of Vijay Mallya to Look Out Notice for information?
    3. Is ED issued a summon asking Mallya to appeaar before it. Then other agencies like CBI,SEBI, IT,Service Tax also swing into action over money laundering case. Whether these entire proceedings were mere a eyewash as Mallya had already left the country on March 2.
    4. The United Spirits had signed $ 75 million deal with Diageo on 25 Feb 2016, out of which Mallya got $40 million. How Modi government will confiscate this amount and take action for this patent illegality?
    Mallya had taken loans from a consortium of 17 banks led by the State Bank of India to help bail out his ailing Kingfisher airlines. However he left the country with around ₹9,000 crore of unpaid loans and charges of money laundering following as well.

    Jai Hind

    DisAgree [6] Agree [10] Reply Report Abuse

  • Sanjeev Kamath, Udupi

    Fri, May 15 2020

    Please stop reporting from Karkala, Haripur, Khyber Pakhtunkhwa, Pakistan.
    Anti-nationals are not allowed to live in Hindustan.

    DisAgree [4] Agree [2] Reply Report Abuse

  • JNB, Bejai

    Fri, May 15 2020

    Are you from Ravalpindi ?

    DisAgree [1] Agree Reply Report Abuse

  • Cynthia, Kirem

    Thu, May 14 2020

    Hi Lan... Sir, see.... Your calendar appeared today 🙊🙊🙊....no comments??

    DisAgree Agree [5] Reply Report Abuse

  • SJM, Mangalore

    Thu, May 14 2020

    Mallya Mam
    First you deposit all 100% loan money to the bank and get the receipt . Restwill take care. Don't waste time unnecessary as No one believes you.

    DisAgree [4] Agree [15] Reply Report Abuse

  • kishor, Mangalore

    Thu, May 14 2020

    At least he is voluntarily requesting to accept his offer. Whereas all godhi n maida teams loan amount has been written off by RBI. Whereas godhi n maidha are not even bothered about of the situation. At least he is amgele maam. Mangalorima mannina maga.

    DisAgree [4] Agree [8] Reply Report Abuse

  • vishal, Mangalore

    Thu, May 14 2020

    After announcement of 20 Lakh crore package all looters / run aways / corrupts want to come back and loot more.. Mallya, Choksi, Nirav and Lalit..

    DisAgree [9] Agree [14] Reply Report Abuse

  • vishal, Mangalore

    Thu, May 14 2020

    He is very smart Mallya ( Konkno) He will return peanuts to bank and take elephant along with him... BJP will definitely bring him back before 2024 elections.

    DisAgree [15] Agree [14] Reply Report Abuse

  • Shararth Kotian, Mangalore

    Thu, May 14 2020

    Yaa , Dont worry they will make him next PM ...Sir seriously , its like if someone did something all blame pouring on BJP,,, ITHNA HATE BHAI SAAB

    DisAgree [9] Agree [7] Reply Report Abuse

  • Ashok, Mangalore

    Thu, May 14 2020

    Right choice Mr. Mallya. No more legal option left in the UK against extradition to India and most likely be extradited within the next month or so. But it could be a never ending process for him so don't think he will get away even if he pays off all banks.

    DisAgree [1] Agree [3] Reply Report Abuse

  • Johnson, Mangalore

    Thu, May 14 2020

    Let the spirits RC MC KF brew abundantly

    DisAgree [2] Agree [8] Reply Report Abuse

  • Lawrence Lobo, Mangalore

    Thu, May 14 2020

    Before they blame congress clear your dues. Please come back. Lot of packages.

    DisAgree [3] Agree [21] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, May 14 2020

    BJP is worried that Vijay Mallya may revel who he paid the money to on 2nd March 2016 ...

    DisAgree [18] Agree [22] Reply Report Abuse

  • Ashok, Mangalore

    Fri, May 15 2020

    Let's see.

    DisAgree Agree Reply Report Abuse

  • Roshan, Dubai

    Thu, May 14 2020

    What about those people who committed suicide because of the closure of Kingfisher airlines? Is he not liable to those crimes? If he was so innocent then why did he not return back to prove himself rather than proving that he was a Brit national and preferred to spend all that money in court cases there. Even now he is only talking about returning money and not keen to return to India himself.

    DisAgree [9] Agree [9] Reply Report Abuse

  • kumara, abu dhabi

    Thu, May 14 2020

    his problems maybe many, not as simple as he makes it!!!!!!!

    DisAgree [3] Agree [7] Reply Report Abuse

  • AMAR NATHAL, MANGALORE

    Thu, May 14 2020

    Whether Mallya is right or wrong, depends on what political party we are affiliated to.
    While we are discussing about terrorist sneaking in, seldom do we discuss how our big shorts having swindled the country crores of rupees sneak out without being noticed!
    Without the tacit approval of the political bosses, this is virtually impossible.

    DisAgree [3] Agree [14] Reply Report Abuse

  • Sanjeev Kamath, Udupi

    Thu, May 14 2020

    Thou shalt not be spared, Vijay Vittal Mayla.
    It is Modi !!!

    DisAgree [25] Agree [15] Reply Report Abuse

  • Rupesh, Mangalore

    Thu, May 14 2020

    Anyone knows about below news...

    Abhay Thipsay, a congress leader and ex-judge Mumbai and Allahabad high court, who rose up the ranks during Sonia Gandhi, is defending Nirav Modi in UK that no crime was committed by him against PSU banks..

    https://timesofindia.indiatimes.com/world/uk/indian-judge-tells-uk-court-cbi-charges-against-nirav-modi-would-not-stand-up-before-indian-law/articleshow/75726498.cms

    https://www.opindia.com/2020/05/abhay-thipsay-congress-leader-defends-nirav-modi-london/

    DisAgree [8] Agree [10] Reply Report Abuse

  • Sanjeev Kamath, Udupi

    Thu, May 14 2020

    Rupesh, for money, there are certain advocates / consultants who even go to the extent of defending / advising the rapists of their own family members.

    DisAgree [3] Agree [14] Reply Report Abuse

  • geoffrey, hat hill

    Thu, May 14 2020

    Yes, the same Nirav Modi, with a lookout notice on, had posed for a photograph with Narendra Modi in Davos.

    DisAgree [4] Agree [11] Reply Report Abuse

  • Raj, Udupi

    Thu, May 14 2020

    Let him bring Swiss money. Then only every one get 15 lakhs return. What Mallya ows just peanut 1.2 billion USD

    DisAgree [2] Agree [4] Reply Report Abuse

  • manojb, Mangalore

    Thu, May 14 2020

    I have a special respect for this person always ...

    DisAgree [5] Agree [29] Reply Report Abuse

  • abu mohammed, KSA / Mangalore

    Thu, May 14 2020

    No need, keep it with you! now our nirmalamma has 20lakh crores of rupees in cash , she is offering loans for all

    DisAgree [10] Agree [21] Reply Report Abuse

  • Ganesh, Bengaluru

    Thu, May 14 2020

    Yes you are very rich, so Pay 15% VAT from July.

    DisAgree [2] Agree [5] Reply Report Abuse

  • Sahil, Mangaluru

    Thu, May 14 2020

    Forgive him..

    DisAgree [2] Agree [17] Reply Report Abuse

  • Deshbhakt, Mangalore

    Thu, May 14 2020

    All you who opposed Mallya's proposal, think about a Padma Shree awardee taken refuge in India after goofing up crores abroad.

    Why a different rule to different individuals ???

    DisAgree [4] Agree [14] Reply Report Abuse

  • J.F D SOUZA, Attavar, Mangalore

    Thu, May 14 2020

    Mr. Mallya has assured the Govt. that he will pay backe the dues in the beginning itself. The Govt. has waived the loans of many business magnates worth crores of rupees. Instead of that Mallya is again assured that he will settle the dues. Then why cant the Govt. consider his request.

    DisAgree [4] Agree [47] Reply Report Abuse

  • Rathan, Mangalore

    Thu, May 14 2020

    J FDsouza
    He is offering only the loan amount and not the interest till date. Who will pay the interest? That too after so many years (more than 15 years) what about criminal liability of not paying the TDS deducted and EPF deducted from employees. FYI he paid full salary to all his UK /USA as rules r very strict

    DisAgree [9] Agree [5] Reply Report Abuse

  • Edward Maben, Kudla

    Thu, May 14 2020

    Dear Rathan Sir, atleast Mallya is offering to pay back the principle amount of what you cousin is true, but the like of Nirav, chouksey and all are not even saying that.

    DisAgree [1] Agree [3] Reply Report Abuse

  • J.F D SOUZA, Attavar, Mangalore

    Fri, May 15 2020

    That amounts to crores of rupees unlike Mr. Mallyas. Moreover the Modi govt. has waived again crores of rupees of business magnates taken as loan from Banks. why this disparity ?

    DisAgree Agree Report Abuse

  • Raj, Karkala

    Thu, May 14 2020

    Mallya paid taxes for 42 yrs & was good to the govt. Just because his one business of KingFisher Airlines, went bust, he should not be targeted.

    Businessmen should be helped. Take his money against Bank loans & close the case.

    DisAgree [7] Agree [54] Reply Report Abuse

  • Gilbert, Udupi

    Thu, May 14 2020

    MALLYA U R WELCOME BACK TO ARTHUR ROAD PRISON. BEWARE OF CORONA INMATES AND COPS. THOSE WHO HELPED YOU TO ESCAPE INDIA NO MORE... KEEP HOPES ON SUPREME COURT GIVING CORONA EXCUSES.

    DisAgree [35] Agree [11] Reply Report Abuse

  • Monty Dotor, Mangalore

    Thu, May 14 2020

    Is there quarantine facility at Arthur Road jail?

    DisAgree [4] Agree [2] Reply Report Abuse

  • Edward Maben, Kudla

    Thu, May 14 2020

    Isn't it strange that there is Vijay Mallya, who had been saying this for quite sometime and there has been no move from the govt to accept this offer. I know now a few people will come out with their own theories. But would it actually make sense for the govt to listen to him and see what's on offer. He says he is willing to give all his property that will cover the outstanding and it's over.

    DisAgree [4] Agree [25] Reply Report Abuse

  • Pavan, Mlr

    Thu, May 14 2020

    What about gujju gang nirav modi lalith modi apna mehul bhai mehul chowksi...i guess their loans are either right off or layed off..

    DisAgree [6] Agree [27] Reply Report Abuse

  • Sachidananda Shetty, Mundkur/Dubai

    Thu, May 14 2020

    This is really good news if it is with his true intention... or maybe he is willing to comeback by paying now and vanish again with double the figures??? More than Mallya... Indian Law Authority should go behind those Bankers who facilitated people like Mallya.... For common people like us.... even if you go home loan.... after submitting all required documents... they still need Guarantor.... Whereas for people like Mallya... himself is the Guarantor??? Then why not action against those Bankers???

    DisAgree [1] Agree [20] Reply Report Abuse

  • J.F D SOUZA, Attavar, Mangalore

    Thu, May 14 2020

    Mr. Mallya had said in the beginning itself that he is ready to pay the dues. Then Why the Bank People and Govt. delay to accept his proposal? Whether the Govt. is interested to waive the loan like others who have taken crores of loan from Banks and then ran to Foreign countries.

    DisAgree [3] Agree [14] Reply Report Abuse

  • H. Almeida., Bendur/Andheri

    Thu, May 14 2020

    Can a criminal thief, when cornered, make a deal with the government stating that he will barter his freedom, by surrendering back the stolen goods ??? This rat has to be extradited back to India, made to pay compound interest, cost of litigation and finally jailed for looting banks !!! Only then can this criminal be discharged !!!! This will discourage more fraudsters from looting our country and then fleeing, to safe foreign destinations, with the help of conniving babus, who know the loopholes, in our system.......

    DisAgree [25] Agree [12] Reply Report Abuse

  • Ajay Rebello, Kallianpur

    Thu, May 14 2020

    Businessmen atleast pledge themselves and their assets even providing jobs, what do politicians and babus provide or even risk.

    DisAgree [2] Agree [13] Reply Report Abuse

  • Satya, Mangalore

    Thu, May 14 2020

    He was stupid enough to be caught. What about others still in the country, still in the good books of the present dispensation and enjoying political patronage and still looting banks?

    DisAgree [1] Agree [8] Reply Report Abuse

  • AMAR NATHAL, MANGALORE

    Thu, May 14 2020

    Modi and Mallya need to write a book about all those who helped them to escape from India. The plot would be fascinating and frightening at the same time to discover how Indian leaders work colliding with criminals.

    DisAgree [4] Agree [21] Reply Report Abuse

  • Jaimini P.B., Manipal,Sharjah

    Thu, May 14 2020

    I....DON'T...TRUST..HIS..STATEMENT..

    DisAgree [31] Agree [9] Reply Report Abuse

  • Pravin, Udupi

    Thu, May 14 2020

    You trusting or not trusting him is don't have importance. Has any one asked you.

    DisAgree [8] Agree [35] Reply Report Abuse

  • David Pais, Mangalore

    Thu, May 14 2020

    u trust my coment or do not trust, has any1 asked u 2 comment????????

    DisAgree [6] Agree [11] Reply Report Abuse

  • Jaimini P.B., Manipal,Sharjah

    Thu, May 14 2020

    Are you Mr Mallay's spokesperson ? You talk like him who puts potato from one end and bring sona from other end...

    DisAgree [19] Agree [8] Reply Report Abuse

  • Abu Mohammed, KSA / Mangalore

    Thu, May 14 2020

    yes, you only trust jumlebaazi...

    DisAgree [6] Agree [5] Reply Report Abuse

  • David Pais, Mangalore

    Thu, May 14 2020

    corrupt pettha govt.

    DisAgree [21] Agree [21] Reply Report Abuse

  • Sanjeev Kamath, Udupi

    Thu, May 14 2020

    Very true. Yes, it was up to 2014.
    Can we talk something new other than the rusted and corroded corrupt, chaiwala, etc., etc.?

    DisAgree [7] Agree [6] Reply Report Abuse

  • David Pais, Mangalore

    Thu, May 14 2020

    after 2014 was pettha govt., be dat graceful & great Congress.

    DisAgree [5] Agree [5] Reply Report Abuse

  • Anwar, Mangalore

    Thu, May 14 2020

    OMG !! Modi is great ! This happened because of Modi & only because of Modi.

    DisAgree [45] Agree [15] Reply Report Abuse

  • manojb, Mangalore

    Thu, May 14 2020

    Pokade Bhudorche maraya..

    DisAgree [2] Agree [5] Reply Report Abuse

  • sid, mangalore

    Thu, May 14 2020

    this is not dongi congi governmant its Modi govt

    DisAgree [46] Agree [22] Reply Report Abuse

  • Shankar, Ras Al Khor

    Thu, May 14 2020

    He is a gentleman. Though not responsible for the loans to KAL personally, he is ready to pay everything back.
    But seriously some politicians want to see him in prison than recovering the money.

    DisAgree [4] Agree [48] Reply Report Abuse

  • SB, Mlore

    Thu, May 14 2020

    Govt should set its priorities right, get over this guy. As of now, getting money to banks is important than getting this guy and provide him security in jail at Tax payers Expenses.

    He has done the mistake, he is ready to pay, take the money, plus negotiate with him to also pay the interest for all the due. That is in the best interest of banks and India, not extraditing him. And do what ? , What will Govt achieve or gain if he dies in our prison ?

    I have nothing to give to take from Mallaya, but he was a man who did business differently, took bold decisions. Anyone who has flown Kingfisher , will agree that till date it was the best Private Airline by far to come out of India. They were responsible for improving the standards of flying , forcing Jet Airways indirectly to improve themselves to stay in the market. They did all this without burdening flyers much on ticket cost. Of course, as his persona and personnel life, his ambitions were too high, he made some adventures decisions in wrong time of Aviation economy, took risks, flew under loss, Jet Airways Lobby, Praful Patel, Politics resulted in his downfall and he had to flee . He is a defaulter but not Criminal. He created lot of jobs through his business of liquor and Aviation once upon a time. Humiliating a businessman will only send wrong precedence.

    DisAgree [1] Agree [43] Reply Report Abuse

  • AM, Mangalore

    Thu, May 14 2020

    I completely agree. Mallya is a businessman with full of energy and dignity and trying to give best from all of his products. But unfortunately he fell in trap of politicians. Government should give him a chance

    DisAgree [2] Agree [29] Reply Report Abuse

  • Rathan, Mangalore

    Thu, May 14 2020

    AM and SB
    When there is no need to pay the loan every person will give you good service in his Dept. Compare to the loan amount taken by him so large he can provide any facility to flier as there is no need to pay back the loan? If he is only a failed business and not a criminal why he ran away? Why he did not pay the Statutory dues collected from employees lije TDS /PF amount. Both r criminal financial activities. If you say he fell in the trap of politicians let him openly declare all the names who helped him in this "natak" and also Co actors of this big "show"

    DisAgree [5] Agree Reply Report Abuse

  • Sanjay, Hebri

    Thu, May 14 2020

    Good, govt should accept the repayment.

    DisAgree [1] Agree [33] Reply Report Abuse

  • Sagar shetty, Kottara chowki

    Thu, May 14 2020

    It's about 10000cr accept it n use for corona relief package.. Yeddy's package few days back was about 2000cr this is 5 times as much🤑😂

    DisAgree [5] Agree [42] Reply Report Abuse

  • Arun, Mangalore

    Thu, May 14 2020

    During this time government should agree and bring him back try to recover the money it will help to the crisis. Government should give the time limits to pay the money,.

    DisAgree [4] Agree [32] Reply Report Abuse

  • Mr Kamath, Mangalore

    Thu, May 14 2020

    All criminals deserve to be in jail so does this guy too seize all his assets in the UK bank accounts everything recover the money and send him to prison. He knows things have gone out of hand and is trying to put this case in the hole for now. He knows if this is accepted Indian govt will wait for money as he wishes if we do accept this offer of his case will still go on for 5~6 years best option don't accept this offer once UK Supreme Court rejects his plea bring him back. If criminals like nirbhaya case can be hanged this guy can get atleast 5 years in prison sentence

    DisAgree [22] Agree [8] Reply Report Abuse

  • Naresh, Udupi

    Thu, May 14 2020

    Govt should accept this offer. He has taken loan for doing business. Doing business is like a gamble. Only 3% of the business succeed. 97% startups fail.

    His family is in business for decades. They must have paid crores of rupees tax in those period. We should not target a person since he was celebrity and not chamcha.

    DisAgree [6] Agree [50] Reply Report Abuse

  • Vincent D'Souza, Belthangady

    Thu, May 14 2020

    Well, the money will be recovered, but he should stand for trial to question him for fraud

    DisAgree [22] Agree [9] Reply Report Abuse

  • Pili, Mangalore

    Thu, May 14 2020

    Wow.. seems like Gentelemen offer...pay everything...clear your name...Govy. needs money at this moment and your loan payment may help a lot...come back. U will win election without any doubt.. kingfisher airline start again... ..

    DisAgree [9] Agree [38] Reply Report Abuse

  • Chandra, Surathkal

    Thu, May 14 2020

    Pili??? I doubt it suits your comment.. Print currency as we wish.... This foolish mallya is in hangover when making this statement.... Now when no way left you are trying to escape...what about those who suffered because you...
    Drag this guy and put him behind the prison

    DisAgree [12] Agree [17] Reply Report Abuse

  • Pili, Mangalore

    Thu, May 14 2020

    Chandra...it looks like ultimate intention is to out him behind bar. Not getting 9000crore... Which is beneficial to India in long run... Looking after him life long with who,s money?

    DisAgree [3] Agree [9] Reply Report Abuse

  • chandra, surathkal

    Thu, May 14 2020

    Hi Pili,

    I agree with you. But why did he not agree to pay initially? This means putting him behind bars is just not the reason. He will be liable for financial implications too. That we will come to know only after what our judiciary decides.

    One more thing is that if we let him go just by paying then it will be a booster for other defaulters in line.

    DisAgree [3] Agree [4] Report Abuse

  • RkR, Mangalore/ Dubai

    Thu, May 14 2020

    We have a better offer - no matter what you can’t buy it - JAILHOUSE

    DisAgree [18] Agree [18] Reply Report Abuse

  • Ash, France

    Thu, May 14 2020

    Anil ambani owes banks 80,000 crores .roaming scot free is his merc .

    DisAgree [1] Agree [7] Reply Report Abuse


LEAVE A COMMENT

Title : Vijay Mallya offers to pay 100% of loans, urges Indian government to close case


 
 
 
 

 
You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.


Security Validation

Enter the characters in the image