Saturday, March 11, 2017

Mallya tweets: Ready to talk settlement

After posting a series of tweets defending Kingfisher's exit from the aviation industry, the infamous business tycoon Vijay Mallya said that he is ready to negotiate and talk to the banks for a one time settlement.

Mallya, once heading a leading airline, has allegedly duped 9000 crore and presently under radar of several law enforcement agencies for a slew financial irregularities.

Accusing the government of unfair behaviour, Mallya in his tweets said that he has been held guilty without a fair trial, though he is ready to talk settlement on 'fair basis'.

Earlier Supreme Court questioned the asset declaration made by the liquor baron after he transferred  USD 40 billion to his children.
10/03/17 India Infoline