• Associate Sponsor

Opposition slams govt on Vijay Mallya issue, says ‘he’s not a needle that couldn’t be caught’

"My charge against this government is that when so many agencies were interrogating him (Mallya), why was he not arrested, why was his passport not confiscated," said Ghulam Nabi Azad.

By: PTI | New Delhi | Updated: March 10, 2016 5:44 pm
Vijay Mallya, Mallya loans, Mallya bank debts, Vijay Mallya issue, Vijay Mallya kingfisher, Vijay Mallya leaves India, Vijay Malya Banks, Vijay mallya loan Businessman Vijay Mallya.

Congress on Thursday accused the BJP-led government of “criminal conspiracy” in allowing businessman Vijay Mallya, facing probe in several loan default cases, to fly out of the country, as Finance Minister Arun Jaitley sought to corner the main opposition party by saying the loans were given to him during UPA rule.

“My charge against this government is that when so many agencies were interrogating him (Mallya), why was he not arrested, why was his passport not confiscated,” Leader of Opposition Ghulam Nabi Azad said in Rajya Sabha. Raising the matter during Zero Hour, Azad said everyone knew Mallya “could flee any day” and the investigating agencies should have seized his passport and taken steps to restrict his movement.

Keystrokes: Vijay Mallya

Share This Article
Share
Related Article

Maintaining that Mallya lived a “luxurious life” and had bases in several countries, the Congress leader said Mallya is not a “needle” and moves around with an entourage and expressed surprise how he managed to leave the country despite a CBI “Look Out Notice”.

“My allegation is that this government is party to this criminal conspiracy of allowing him to escape and leave the country. In this criminal conspiracy, this Government should be made party and the Supreme Court should take note of this. “Without the participation and without the active support of this government, he could not have left the country. That is my allegation,” Azad said, adding that “one had escaped, the second Lalit Modi (Mallya) should not be allowed to escape”.

Countering the charges, Jaitley said the banks have been asked to recover “every penny that is due”, adding that the first banking facility was given to Mallya and his companies in September 2004 which were renewed in February 2008. The Leader of the House further said the accounts were declared non-performing assets (NPA) on April 30, 2009 and these debts were restructured and more facilities extended in December 2010.

“In what circumstances were the loans given is an issue of investigation and the CBI is investigating,” he said. “How these accounts were running, what facilities were given, the dates tell their own story,” Jaitley said, adding “when the loans were given, how they were given…introspection will be required.”

Jaitley said the liabilities including interest aggregates to Rs 9,091.4 crore as on November 30, 2015.

For all the latest India News, download Indian Express App

  1. D
    Dinesh
    Mar 10, 2016 at 8:12 am
    Rahul you go back were you came out.
    (0)(0)
    Reply
    1. D
      Dinesh
      Mar 10, 2016 at 8:10 am
      What about those b******* Italian Navy guys killed Indian fisherman who let those dogs go to Italy
      (0)(0)
      Reply
      1. Haradhan Mandal
        Mar 10, 2016 at 8:06 am
        BUt what about OTHERS also?
        (0)(0)
        Reply
        1. C
          Chandra Shekar
          Mar 10, 2016 at 3:13 pm
          BJP government issued orders to off-load Priya Pillay from a plane leaving for London because she worked for Green Peace. Kanhaiah Kumar was sent to jail on doctored evidence. CBI has a file on Mallya and there re 24 charges against him and his company. Yet, he is allowed to mingle in Parliament with other MPs . The Attorney General did not know on 8th March that the accused has already left India on 2nd March. Surely, the BJP government and some of the political parties have to hang their heads in shame!!
          (0)(0)
          Reply
          1. R
            Raje
            Mar 10, 2016 at 8:24 am
            Our so called senior Parliament member Mr. Azad should know that pport can be confiscated only if case is registered in court and the judge allows it. The banks tried to cover up Mallya case and registered case 1-2 days back. How is it even possible to confiscate his pport? It is against his right, unless an order is issued by the judge. Mr. Azad and Congress are all LIARS and are trying to act innocent today. When in fact Congress leaders sent chits to banks to give him LOAN.
            (0)(0)
            Reply
            1. Load More Comments
            Adda