Liquor King Vijay Mallya is in headlines for several days. Kingfisher owner Vijay Mallya has owed Rs 9000 Crore to various banks and now he is not in India. As per the news, he is in London and he has left India on 2nd March 2016.
After getting under fire from the media, politicians and middle class, Vijay Mallya has reiterated that he is not an absconder (escapee) but an international business man who travels to and from India frequently.
Mallya had left the country on 2 March when the State Bank of India filed a petition in the Bengaluru debt recovery tribunal seeking to impound his passport. It is the second time in as many weeks that Mallya is clarifying that he is not an absconder.
But Vijay Mallya has tweeted about his controversy and he gave his clarification. since this has come at a time when media reports have details about how he managed to fly out the country just a day after he attended the Rajya Sabha session.
the “wilful defaulter’s” flight out of India on 2 March was in the lap of luxury. Mallya flew out in Jet Airways’ Delhi-London flight 9W 122 on 2 March 2016 on a first class ticket with a lady and 7 heavy bags.
Also if he is indeed not an absconder then why has he not disclosed his location in his tweets????
“My statement as to my personal future after quitting Diageo/USL — that I want to spend more time in England closer to my children — has been grossly distorted and mis-portrayed.
I wish to reduce my business commitments gradually and devote more time to my family, and that my resignation from United Spirits was a step in this direction,” he had said in the statement after the deal.
As part of the deal he resigned as chairman and director of United Spirits and agreed not to compete with Diageo in spirits business the world over for the next five years; and not to interfere in its Indian arm’s business matters. Mallya was also to get a severance package of $75 million.
The Supreme Court on Monday 7th March 2016, ordered to issue notice for him to return to India with his passport. It is expected to be served to him via the Indian High Commission in London some time this week
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