News I am not an absconder: Vijay Mallya

Technoglitch

Core Member
Beleagured businessman Vijay Mallya, who is facing legal proceedings for alleged loan defaults by his group to the tune of over Rs 9,000 crore, on Friday said he is not an absconder and he will comply with the law of the land.

“I am an international businessman. I travel to and from India frequently. I did not flee from India and neither am I an absconder. Rubbish,” Mr. Mallya tweeted earlier this morning from an undisclosed location.

He further said: “As an Indian MP I fully respect and will comply with the law of the land. Our judicial system is sound and respected. But no trial by media.”

He also sought to shift the blame to the media.


“Does that mean that Banks did not know my assets or look at my Parliamentary disclosures?,” he added.

The 60-year-old liquor baron, who is facing legal proceedings for alleged loan defaults of Rs 9,000 crore by his group, left the country on March 2, even as banks have approached the courts to seek orders restraining him from going abroad.

While he remained silent on his whereabouts, reports said the UB Group chairman and Rajya Sabha member is believed to be at his country home in an English village about an hour’s drive north of London.

Opposition leaders, including Congress vice president Rahul Gandhi, have raised questions about how he was allowed to leave the country despite a ‘lookout’ notice by CBI.

I am not an absconder: Vijay Mallya - The Hindu
 

Aviral Sangal

EntMnt Ambassador
Finest Member
Someone on faking new made an article with title Govt to introduce new Mallya cess to recover the losses PSU banks incurred.
 

scorpionking76

EntMnt Knight
I read in The Hindu that he is a non resident Indian and for tax benefit he has to stay out of India for more than 183 days during a financial year. He will return post that period, I feel so.

Since he is a sitting MP and the parliament is in session for availing more than 10 days leave he need to take prior permission from speaker.


In this instance he left on 2nd March and the current session end on 16th March no need of permission as well.

I feel he will return during IPL
 
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