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

russian oil

Energy prices soar to levels not seen in years as Iran names new supreme leader, digs in

16 hours ago
Edible oil

Refined edible oil prices reportedly up by Rs 10 per litre in Cuttack

16 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

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019

Archives

Editorial

Nepal’s Rapper PM

balendra shah
March 10, 2026

Nepal did what Bangladesh could not. Its Gen Z has transformed its pent-up anger against mainstream political parties and their...

Read moreDetails

Global Permit Raj

Permits
March 9, 2026

The insults heaped on India by senior officials of the Trump administration, including the PoTUS himself, that have become all...

Read moreDetails

Quiet Submission

March 8, 2026

By Aakar Patel I have no problem with the reality that as a nation we cannot always or even mostly...

Read moreDetails

Succession Signals

DILIP CHERIAN
March 7, 2026

By Dilip Cherian Delhi loves a vacancy, especially when it comes with a corner office and access to the Prime...

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