Have become 'poster-boy' of bank default, lightning-rod of public-anger: Mallya
Fugitive liquor-baron Vijay Mallya, who is wanted in India over loan default, said he has become the "Poster Boy" of bank default and lightning-rod of public anger. Mallya said he had written letters to both the Prime Minister and Finance Minister on April 15, 2016, to explain his side of the story. "No response was received from either of them," he said. Here's more.
Mallya further said, "I have been accused by politicians and the media of having stolen and run away with Rs. 9,000 crores that was loaned to Kingfisher Airlines." Mallya, who is currently fighting against extradition to India from the UK, also said the Central Bureau of Investigation and Enforcement Directorate have filed charge sheets against him with various untenable and blatantly false allegations.
"The ED have also attached assets belonging to me, my Group Companies and companies owned and/or controlled by my family under the Prevention of Money Laundering Act (PMLA) currently valued at approximately Rs. 13,900 crore," Vijay Mallya added. In summary, Mallya added, "I have become the 'Poster Boy' of Bank default and a lightning rod of public anger."