Vijay Mallya riles against legal authorities.
Vijay Mallya on Friday slammed the Indian authorites in a series of tweets. Mallya who has been declared economic fugitive and is accused of committing fraud of Rs 9,000 crore protested dogged pursul of Indian government in several legal cases against him.
Mallya tweeted,"The DRT Recovery Officer recently attaches my Group assets worth over 13,000 crores in India on behalf of the Consortium of Banks. Yet the narrative is that I ran away with the claimed amount of 9000 crores causing loss to the Public Sector Banks. Where is Justice or fair play ?" "Every morning I wake up to yet another attachment by the DRT recovery officer. Value already crossed 13,000 crores. Banks claim dues including all interest of 9,000 crores which is subject to review. How far will this go and well beyond ? Justified ??
So, he claims that already more amount than he owed to the authorities have been attached. Mallya further said, "And despite all the attachments in India, Banks have given an open licence to their Lawyers in England to pursue multiple frivolous litigations against me. Who is accountable for spending Public money on Legal fees in such a brazen manner ?
He termed the Indian government action as disgraceful and said, "And finally, the Banks Lawyers in England have objected in writing to my paying my legitimate tax dues to HMRC which I requested. Irony is Indian State Banks want my money in England to settle an Indian debt already secured and deny payment to the U.K. tax exchequer. Disgraceful."
A Special Prevention of Money Laundering Act (PMLA) court earlier this month declared liquor baron Vijay Mallya, accused of allegedly committing a fraud of Rs 9,000 crores, a fugitive economic offender.
After the Special PMLA court order, the government can now confiscate his property. The court also refused to give Mallya an interim relief and refused his application to stay the order to give him some time to appeal.The Enforcement Directorate (ED) had cited a number of reasons why it had a strong base in pressing the application asking fugitive economic offender (FEO) tag for the embattled businessman who is now living in the UK.
The ED, in its arguments, said that a London-based court had initiated proceedings to extradite Mallya and it was one of the strong reasons to support the prosecution's demand declaring him an FEO. The ED also pointed out the fact that while the accused was allegedly eloping from the country, he left with a cargo filled with 300 bags under the guise of attending a pre-scheduled meeting at the World Motor Sport in Geneva, Switzerland.
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 "Vijay Mallya")
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