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 accuses banks of double standards after Jet Airways bailout

PTI
Updated: March 26th, 2019, 12:20 IST
in Business
0
Image courtesy Vijay Mallya@Twitter

Image courtesy Vijay Mallya@Twitter

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: Embattled liquor baron Vijay Mallya lashed out Tuesday at public sector banks for ‘double standards’ under the current NDA regime for their intervention to bailout Jet Airways while the same lenders made his Kingfisher airlines ‘fail ruthlessly’.

In a series of tweets reacting to banks led by State Bank of India taking over management control of troubled Jet Airways, Mallya said, “…Only wish the same was done for Kingfisher. Happy to see that PSU Banks have bailed out Jet Airways saving jobs, connectivity and enterprise.”

Also Read

Hardeep Singh Puri

India, OPEC agree on deeper energy cooperation, focus on market stability

13 hours ago
Piyush Goyal

India-US trade talks moving fast and in right direction: Piyush Goyal  

13 hours ago

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

Mallya, who is facing extradition to India from the UK, lamented that his efforts to save Kingfisher Airlines was ‘not recognised and instead slammed in every possible way’. “I invested over Rs 4,000 crores into Kingfisher Airlines to save the company and its employees,” he claimed.

Mallya also lashed out at the BJP for differential treatment meted out to Kingfisher and Jet Airways. “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 said. He further said, “Media decimated me for writing to the current PM. I wonder what has changed now under the NDA Government.”

The fugitive businessman reiterated his offer to pay off dues through his assets. “And I repeat once again that I have placed liquid assets before the Hon’ble Karnataka High Court to pay off the PSU Banks and all other creditors. Why do the banks not take my money? It will help them to save Jet Airways if nothing else,” he said.

Last month Mallya, who is wanted in India on alleged fraud and money- laundering charges amounting to an estimated Rs 9,000 crores, had filed his application in the UK High Court, seeking permission to appeal against an extradition order signed by the British Home Secretary.

PTI

Tags: Double standardsExtraditionKingfisher AirlinesVijay Mallya
Share5TweetSendShare
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

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019

Archives

Editorial

Pappu Changes Side

Leader of Opposition in the Lok Sabha Rahul Gandhi with comedian Pulkit Mani during the 'Chhatron ki Goonj' event, in Indore, Madhya Pradesh. (PTI)
September 22, 2026

Political satire, which in the present social media age also assumes the form of memes, is a healthy process of...

Read moreDetails

Back to Cash

Election Commission of India
September 21, 2026

Almost ten years ago on 8 November 2016 when PM Narendra Modi personally, in a highly insensitive and arbitrary manner,...

Read moreDetails

An Arch, A Legacy

September 20, 2026

By Aakar Patel Work on Donald Trump’s arch begins in Washington, DC, this month. Fashioned on Paris’s Arc de Triomphe,...

Read moreDetails

Centre Draws Line

Power of Continuity
September 19, 2026

Four senior officers sent back to their cadres within a week would be noteworthy. Three of them being barred from...

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

© 2025 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

© 2025 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

    © 2025 All rights Reserved by OrissaPOST