Liquor baron and Kingfisher boss Vijay Mallya, who has been evading the authorities over the multi-million bank default, on Saturday slammed media reports, which stated that he has offered a ‘plea bargain’ to the Enforcement Directorate.
Liquor baron and Kingfisher boss Vijay Mallya, who has been evading the authorities over the multi-million bank default, on Saturday slammed media reports, which stated that he has offered a ‘plea bargain’ to the Enforcement Directorate.
In a curt response to such reports, Mallya took to Twitter and said, ‘Media reports quote an ED official stating that I am attempting a plea bargain. Would respectfully suggest that the official read the ED charge sheet first. I would invite the ED to advance the same plea bargain theory in Court in front of whom I have placed my assets.’
Mallya’s tweet comes after reports in the Economic Times stating that the Kingfisher boss had offered to ‘settle all his dues if his seized assets were freed up as an attempt at plea bargaining.’
Quoting an ED official, the report said that, ‘Mallya is offering a plea bargain, which will not work in our country, by trying to say he intends to repay banks and that he should be allowed to sell his assets.’
Mallya’s response to the probe agencies comes at a time when the special PMLA court today summoned the businessman on August 27 under the newly promulgated economic offenders ordinance.
Earlier Enforcement Directorate (ED) moved court against liquor baron Vijay Mallya seeking to declare him a 'fugitive offender' and to confiscate his assets worth Rs 12,500 crore. The newly promulgated Fugitive Economic Offenders Ordinance, empowers it to confiscate "all linked assets" of an absconding loan defaulter.
Loan defaulter Vijay Mallya on Tuesday said that he is ready to settle all his dues with the banks and wants to return to India. According to him, he was ready to pay the dues earlier and had written a letter to PM Narendra Modi also but did not get cooperation from the government. Mallya said he wrote a letter to PM Modi and Finance Minister Arun Jaitley on April 15, 2016 but did not receive any reply. On Wednesday, he took to Twitter to inform that he had appealed Karnataka High Court seeking approval to sell his assets worth Rs 13,900 crore.
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