Embattled liquor tycoon Vijay Mallya, whose social media interventions against the Indian government are a regular occurrence, took to Twitter once again to repeat his 100 per cent loan payback offer to the public sector banks in India.
The 63-year-old former Kingfisher Airlines boss, fighting extradition to India in relation of fraud and money laundering allegations arising out of the debt acquired from the banks, quoted finance minister Nirmala Sitharaman’s Lok Sabha statement from last week in his latest offer.
“Business failures in this country should not be tabooed, or looked down. On the contrary, we should give an honourable exit or resolution to the problem in letter and spirit of the IBC. Finance Minister’s reported statement,” Mallya said.
