Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Mallya claims value of properties attached is more than he owes banks

PTI
Updated: February 1st, 2019, 12:17 IST
in Business
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: Fugitive liquor baron Vijay Mallya claimed Friday his group’s properties worth over Rs 13,000 crore have been attached, more than the ‘claimed’ Rs 9,000 crore that he ‘ran away with’ asking where is justice and how far will it go.

In a series of tweets also claimed that the banks to which he owes money ‘have given an open licence to their lawyers in England to pursue multiple frivolous litigations against’ him questioning the ‘brazen’ spending of ‘public money on legal fees’.

Also Read

Pakistan

Donors offer $5 billion to Pakistan for Reko Diq copper, gold mining project in Balochistan: Report

13 hours ago
Donald Trump

Trump says he ‘heard’ India is no longer going to buy oil from Russia, calls it ‘good step’

15 hours ago

“Every morning I wake up to yet another attachment by the DRT (debt recovery tribunal) recovery officer. Value already crossed (Rs) 13,000 crore. Banks claim dues including all interest of (Rs) 9,000 crore which is subject to review. How far will this go and well beyond? Justified??”, Mallya tweeted.

“Yet the narrative is that I ran away with the claimed amount of (Rs) 9,000 crore causing loss to the public sector banks. Where is Justice or fair play?,” he asked.

Mallya also claimed that the banks’ lawyers in England have objected in writing to his paying ‘my legitimate tax dues to HMRC which I requested’.

“Irony is, Indian banks want my money in England to settle an Indian debt already secured and deny payment to the UK tax exchequer. Disgraceful,” Mallya said.

Last year in December Westminster Magistrates’ Court Chief Magistrate Emma Arbuthnot had ruled in favour of extradition of Mallya, who is wanted in India for alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crore.

Later on, Mallya had stated that he intended to file an application to appeal against a British court’s verdict.

PTI

Tags: Debt Recovery TribunalJusticeLiquor baronVijay Mallya
Share2TweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019

Archives

Editorial

The CSS Crisis

August 2, 2025

The Central Secretariat Service (CSS) may not be the face of government, but it’s certainly its nervous system. And right...

Read more

SIR’s Pitfalls

Election Commission of India
July 30, 2025

The Supreme Court on 28 July told the Election Commission of India (ECI) to adopt a voter verification approach based...

Read more

Good Sense Prevails

Volodymyr Zelenskyy
July 29, 2025

Ukrainian President Volodymyr Zelenskyy has just in time refrained from a suicidal course that was going to turn his own...

Read more

Greener Route

July 28, 2025

In a landmark ruling that has come as a shot in the arm for the global climate movement, the International...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST