In A Series Of Tweets, Vijay Mallya Promises To Repay 100 Per Cent Of Public Money

Absconding businessman Vijay Mallya, who has been dodging to repay debts, has made a humble request to banks to accept his offer to pay back the money he borrowed to keep his now-defunct Kingfisher Airlines afloat despite high jet fuel prices.

Mallya also slammed Indian media for continuously calling him a fugitive.

AFP/File

Mallya tweeted his request after alleged AgustaWestland deal middleman Christian Michel was brought to India from the UAE.

Mallya fled to the UK in March 2016. He is wanted in India over the default of Rs 9,000 crore that was loaned to Kingfisher Airlines by similar banks.

Politicians and Media are constantly talking loudly about my being a defaulter who has run away with PSU Bank money. All this is false. Why don¡¯t I get fair treatment and the same loud noise about my comprehensive settlement offer before the Karnataka High Court. Sad.

¡ª Vijay Mallya (@TheVijayMallya) December 5, 2018

For three decades running India¡¯s largest alcoholic beverage group, we contributed thousands of crores to the State exchequers. Kingfisher Airlines also contributed handsomely to the States. Sad loss of the finest Airline but still I offer to pay Banks so no loss. Please take it.

¡ª Vijay Mallya (@TheVijayMallya) December 5, 2018

I see the quick media narrative about my extradition decision. That is separate and will take its own legal course. The most important point is public money and I am offering to pay 100% back. I humbly request the Banks and Government to take it. If payback refused, WHY ?

¡ª Vijay Mallya (@TheVijayMallya) December 5, 2018

In a series of tweets, the embattled businessman said that the huge loans he took from banks went into keeping his now-defunct airlines.

He also claimed that his vast liquor empire, United Breweries, contributed handsomely to the state exchequer.