Wednesday, March 16, 2016

Labour Ministry gives clean chit to Vijay Mallya's defunct company Kingfisher Airlines

New Delhi: The Union labour ministry has given a clean chit to Vijay Mallya's now defunct Kingfisher Airlines in the absence of any complaint against the company. However, it has constituted a squad of enforcement officers for verifying compliance in respect of all its employees as payment of contributions stopped after September 2015.

"There is no complaint available on record either from members/Union regarding non-payment of EPF (employees' provident fund) dues by the company," the ministry said in a statement on March 15.

The statement came two days after labour minister Bandaru Dattatreya said he would examine all issues in this regard.

The women employees of the airlines had recently alleged in an open letter that the company did not pay salaries but kept depositing PF due to fear of action from the authorities. Mallya is facing legal proceedings for allegedly defaulting on loans of over Rs 9,000 crore from various banks.
15/03/16 Yogima Seth Sharma/Economic Times
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