Mallya's 'all out' attack on media

New Delhi: Refuting all allegations against him of fleeing out of India, the co-owner of UB Group-Vijay Mallya, confronted pressure to reimburse about a billion dollars owed to banks in an early morning tweet saying that he is "not an absconder" and would comply with the law.  "As an Indian MP, I fully respect and will comply with the law of the land. Our judicial system is sound and respected.  But no trial by Media," he tweeted. In a progression of tweets, Mr. Mallya termed reports against him as "rubbish" while claiming that he is a businessman and travels out of India frequently. According to media reports, Mallya left for London by the 9W122 Delhi-London Jet Airways flight at 10:30 pm on March 2, a day before a consortium of 17 banks requested the Supreme Court to prevent him from leaving the nation. "Let media bosses not forget help, favours, accommodation that I have provided over several years which are documented. Now lies to gain TRP? News reports that I must declare my assets. Does that mean that Banks did not know why assets or look at my Parliamentary disclosures? Once a media witch hunt starts i escalates into a raging fire where truh and facts are burnt to ashes," he asserted. Mr. Mallya was granted gigantic loans by numerous state-run banks without enough security for his Kingfisher Airlines despite the fact that it was clear the organization was collapsing. Meanwhile, Congress Party has been accusing the government of being party that helped "escape" Mallya and demanded action against the banks who sanctioned loans even when they knew the company is in debt.


(Written by: Prachi Bhardwaj)