After recovery of ₹14,131cr, does Mallya deserve relief from banks?
- N Sundaresha Subramanian
- THE ECONOMIC TIMES Jan 01, 2025, 12:43 IST IST
On December 18, fugitive businessman Vijay Mallya took to X to claim that since investigation agencies have already recovered more than what was due from his company Kingfisher Airlines, he was eligible for relief.
Mallya’s social media posts came after a statement by finance minister Nirmala Sitharaman in Parliament about the government’s pursuit of economic offenders. Addressing the Lok Sabha, she reaffirmed the government’s commitment to pursuing economic offenders, even those who have fled the country. She highlighted the Enforcement Directorate’s (ED’s) success in recovering assets from several high-profile economic offenders, including:
Mallya’s social media posts came after a statement by finance minister Nirmala Sitharaman in Parliament about the government’s pursuit of economic offenders. Addressing the Lok Sabha, she reaffirmed the government’s commitment to pursuing economic offenders, even those who have fled the country. She highlighted the Enforcement Directorate’s (ED’s) success in recovering assets from several high-profile economic offenders, including:
