Vijay Mallya's Swipe At PM Again In Tweet, "Who Does One Believe?"

Vijay Mallya

 Vijay Mallya's Swipe At PM Again In Tweet,  "Who Does One Believe?"

New Delhi: The fugitive businessman Vijay Mallya, who is wanted in India for defaulting crores in loans to his failed Kingfisher Airlines, took to twitter to attack PM Modi again. Mr Mallya alleged that by PM Modi's assertion that the recovery of assets was higher than the alleged Rs. 9,000 crores he owed. The businessman faces extradition to India on fraud and money laundering charges.

The tweets of the fugitive liquor baron, Mr Mallya came after the debt-ridden carrier Jet Airways decided to temporarily suspend all operations. Mr Mallya also expressed his solidarity with its founder Naresh Goyal and said private airlines were discriminated against by the government.

"None other than the Prime Minister of India specifically says in an interview that his Government has recovered more money than I allegedly owe PSU Banks and the same Banks claim otherwise in English Courts. Who does one believe ? One or the other is lying," Vijay Mallya tweeted.

Vijay Mallya

Earlier this month, Mr Mallya had said that the Prime Minister's statements that recovery of Rs. 14,000 crores worth of his assets has fully vindicated him in his assertion of being a "poster boy" for the BJP-led government.

He is wanted in India for defaulting on Rs.9,000 crore in loans to his failed Kingfisher Airlines. Bogged down by a massive financial concern, the full-cost airline closed operations in 2012.

The 63 year old Mr Mallya has repeatedly urged banks to take 100 per cent of the principal amount he owes them.

In March 2016, Vijay Mallya left India after banks got together to initiate legal proceedings to recover the money he owed them. Last year in February India formally asked for the extradition of the liquor baron, who currently resides near London.

A group of 13 banks, led by State Bank of India (SBI), are trying to enforce a worldwide freezing order upheld by the UK High Court in May last year through a number of follow up court orders.