New Delhi:
Fugitive billiionaires Vijay Mallya and Lalit Modi shared a second of bonhomie over the Enforcement Directorate’s Rs 14,000 debt restoration from the Kingfisher tycoon.
Indian Premier League founder Lalit Modi took to social media platform X to want Mr Mallya on his birthday, including that life has proven them each “ups and downs”. In response, the latter mentioned, “We each have been wronged in a rustic we tried to contribute to.”
Thank you my dearest buddy….we each have been wronged in a Country we tried to contribute to.
— Vijay Mallya (@TheVijayMallya) December 18, 2024
In a collection of social media posts, Mr Mallya mentioned Rs 14,131 crores from him versus the Rs 6,203 crores debt adjudged in the direction of Kingfisher Airlines. “I’m nonetheless an financial offender. Unless the ED (Enforcement Directorate) and banks can legally justify how they’ve taken greater than two occasions the debt, I’m entitled to aid which I’ll pursue,” he wrote.
He additional questioned claims of CBI circumstances in opposition to him. “I’m accused by CBI, along with many others together with IDBI Bank officers, of fraudulently acquiring a Rs 900 crore mortgage from IDBI Bank, duly authorized by their credit score committee and Board. Full mortgage and curiosity repaid. After 9 years why no conclusive proof of fraud and misuse of funds?”
In response, Mr Modi mentioned, “This too shall go.”
This too shall go my buddy @TheVijayMallya and want a really glad birthday at present my buddy https://t.co/HYJYKe1mcx
— Lalit Kumar Modi (@LalitOkayModi) December 18, 2024
Mr Mallya’s posts got here quickly after Finance Minister Nirmala Sitharaman on Tuesday mentioned the Enforcement Directorate has restored properties price Rs 22,280 crore to the victims or rightful claimants and asserted that the battle in opposition to financial offenders will proceed unabated.
She mentioned Rs 14,131.6 crore price properties belonging to fugitive Vijay Mallya have been restored to public sector banks.
As regards the Nirav Modi case, properties to the tune of Rs 1,052.58 crore have been restored to PSBs and personal banks. In the Mehul Choksi case, properties price Rs 2,565.90 crore have been connected and will likely be auctioned.