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Wish PSU banks bailed out Kingfisher too like Jet: Vijay Mallya

Wish PSU banks bailed out Kingfisher too like Jet: Vijay Mallya

| @indiablooms | 26 Mar 2019, 09:24 am

New Delhi, Mar 26 (UNI): Fugitive businessman Vijay Mallya, who is being investigated for fraud and money-laundering, said on Tuesday that he was happy to see that PSU banks have bailed out Jet Airways and lamented that the same PSU Banks let 'India’s finest airline with the best employees and connectivity fail ruthlessly'.

'Happy to see that PSU Banks have bailed out Jet Airways saving jobs, connectivity and enterprise. Only wish the same was done for Kingfisher,' Mallya posted on micro-blogging site Twitter.

He repeated his offer and said 'I repeat once again that I have placed liquid assets before the Karnataka High Court to pay off the PSU Banks and all other creditors'

He said why doesn't banks not take his money. 'It will help them to save Jet Airways if nothing else,' he said.

Mallya said 'BJP spokesman eloquently read out my letters to PM Manmohan Singh and alleged that PSU Banks under the UPA Government had wrongly supported Kingfisher Airlines.'

Mallya also said 'Media decimated me for writing to the current PM' and wondered what has changed now under the NDA Government.

He said he had invested over Rs 4,000 crore into Kingfisher Airlines to save the Company and its employees which was not recognised and instead slammed in every possible way.

'The same PSU Banks let India’s finest airline with the best employees and connectivity fail ruthlessly. Double standards under NDA,' he said.

Mallya is wanted in India for defaulting on Rs 9,000 crore in loans to his failed Kingfisher Airlines which closed operations in 2012.

Jet Airways founder Naresh Goyal and his wife Anita Goyal on Monday resigned from the board of the airline they founded 25 years ago, clearing the way for an immediate bailout of Rs 1,500 crore by lenders. There has been reports that the government has asked state-run banks to bail out Jet Airways for the moment to prevent the airline going bankrupt. 

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