Fugitive liquor baron Vijay Mallya has once again offered to repay 100 percent of the Principal amount of the loan to the banks and urging them to accept it.
“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 ?,” he said in his tweet.
In a series of tweets, he offered to pay banks. “For three decades running India’s largest alcoholic beverage group, we contributed thousands of crores to the State exchequers. Kingfisher Airlines also contributed handsomely tIo the States. Sad loss of the finest Airline but still I offer to pay Banks so no loss. Please take it.” Mallya tweeted.
Airlines struggling financially partly becoz of high ATF prices. Kingfisher was a fab airline that faced the highest ever crude prices of $ 140/barrel. Losses mounted and that’s where Banks money went.I have offered to repay 100 % of the Principal amount to them. Please take it, he said.
“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,” he again tweeted.