Who diluted Mallya's lookout notice: Swamy's fresh ammo against Jaitley

Aaron Brown
September 14, 2018

The BJP said loans to Vijay Mallya's now defunct Kingfisher Airlines were restructured twice. "Nor I was ever offered to meet him". "I want to question one thing, all these remarks are being made after Rahul Gandhi's London visit", Prasad said. "After seeing Mr P Chidambaram and Mr Arun Jaitley, we should have moratorium on having lawyers as the finance minister", he said, adding, "Everybody knows what I think about Arun Jaitley".

Fugitive businessman Vijay Mallya might not be lodged in the same cell as shown in the eight-minute video submitted by the Indian government in the Westminster Court in London. While Mallya clarified his remark and said that he never met Jaitley formally, the statement has set the ball rolling for charges and counter-charges.

"I have said before that I am a political football".

In a press statement issued on Wednesday, Jaitley said: "The statement (by Vijay Mallya) is factually false in as much as it does not reflect truth".

"As far as I am concerned, I have".

"And it appears through these chain of documents that Kingfisher Airlines was owned not by Mallya but by the Gandhi family through proxy", he alleged showing the letters written by the Reserve Bank of India (RBI) to the State Bank of India (SBI) requesting for the restructuring of the loans of Kingfisher Airlines. "Finance Minister must resign and this should be investigated".

In London for the hearing of his extradition case, Vijay Mallya - who is wanted on charges of fraud and money laundering amounting to around Rs. 9,000 crore - said he met Mr Jaitley before leaving India in 2016. "My conscience is clear and (I) put nearly Rs15,000 crore worth of assets on the table of the Karnataka High Court", he said.

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Immediately after Jaitley's rebuttal on Wednesday, Mallya had said it was "not fair" to create a controversy over this issue as it was not a "formal meeting" and he only "happened to meet" the finance minister.

"I am certainly a scapegoat, I feel like a scapegoat". However, since he was a Member of Rajya Sabha and he occasionally attended the House, he misused that privilege on one occasion while I was walking out of the House to go to my room.

"He paced up to catch up with me and while walking uttered a sentence that "I am making an offer of settlement". I did not even bother to get details from him.

Mallya has been on bail on an extradition warrant since his arrest in April past year and is fighting extradition to India on charges of fraud and money laundering amounting to around Rs9,000 crore.

Rather, he will be lodged with other inmates in Barrack number 12 of the Arthur Road Jail.

Mallya, who is wanted in India for defaulting on bank loans to the tune of Rs 9,000 crore, has been in the United Kingdom since March 2016.

Other reports by Free-Prsite

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