Mallya Hits Out at A-G, Says Ready to Talk Settlement on Fair Basis
Mallya Hits Out at A-G, Says Ready to Talk Settlement on Fair Basis
Liquor baron Vijay Mallya hits out at Attorney General Mukul Rohatgi and said that his allegations against him before the Supreme Court only prove the attitude of the government.

New Delhi: Liquor baron Vijay Mallya hits out at Attorney General Mukul Rohatgi and said that his allegations against him before the Supreme Court only prove the attitude of the government.

Attorney General Mukul Rohatgi and senior advocate Shyam Divan, appearing for the banks, contended that unless Mallya deposits USD 40 million before this court, he does not deserve to be heard and, moreover, he needed to appear personally as the contempt notice has already been issued.

"He did not disclose the USD 40 million deal with Diageo to this court. He took the Supreme Court for a ride, cares two hoots for the courts," Rohatgi had said.

Reacting on Rohatgi’s allegations, Mallya in a series of tweets on Friday, said, "I have humbly obeyed every single Court Order without exception. Seems as if Government is bent upon holding me guilty without fair trial."

"Public sector banks have policies for one time settlements. Hundreds of borrowers have settled. Why should this be denied to us? Our substantial offer before the hon'ble Supreme Court was rejected by banks without consideration," Mallya's tweet reads.

"I am ready to talk settlement on fair basis. Wish the Supreme Court would intervene and put an end to all this by directing banks and us to negotiate and settle. we are ready," his another tweet reads.

In October last year, the court had rapped Mallya for not making full disclosure of his overseas properties and had asked him to do so within a month.

The bench had also pulled up Mallya for not giving details of USD 40 million which he had allegedly received from British firm Diageo in February last year, saying it was of the "prima facie view" that proper disclosure as per its earlier order was not made.

The banks had on August 29 last year told the Supreme Court that Mallya had deliberately not made full disclosure of his assets including the USD 40 million he received on February 25 from Diageo.

(PTI inputs)

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