Vijay Mallya makes public his letters to PM Modi, says efforts on to settle bank dues
London, June 26 (IBNS): Fugitive business tycoon Vijay Mallya on Tuesday made his letters to Prime Minister Narendra Modi public while adding that he is "making every effort" to settle his dues with the banks in India.
Regretting that he has been made a symbol of bank default and money laundering in India, in a statement from the UK, Mallya said, "I wrote letters to both the Prime Minister and the Finance Minister on 15th April 2016 and am making these letters public to put things in the right perspective. No response was received from either of them.”
"I respectfully say that I have made and continue to make every effort, in good faith to settle with the Public Sector Banks. If politically motivated extraneous factors interfere, there is nothing that I can do," he said.
Mallya, who fled India in March 2016, owes Rs. 9,000 crores to banks and faces trial on different counts ranging from defaulting of loans and money siphoning.
The charges against him are being probed by the Central Bureau of Investigation and the Enforcement Directorate.
In April, Mallya was arrested in London by the police but a court granted him bail the same day.
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