December 25, 2025 06:49 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Tarique Rahman returns to Bangladesh after 17 years | Shocking killing inside AMU campus: teacher shot dead during evening walk | Horror on Karnataka highway: sleeper bus bursts into flames after truck crash, 9 killed | PM Modi attends Christmas service at Delhi church, sends message of love and compassion | Delhi erupts over lynching of Hindu man in Bangladesh; protest outside High Commission | Targeted killing sparks global outrage: American lawmakers condemn mob lynching of Hindu man in Bangladesh | Assam on a ‘powder keg’: Himanta Biswa Sarma flags demographic shift, Chicken’s Neck fears | Bangladesh on edge: Student leader shot as pre-poll violence deepens after Hadi killing | Historic deal sealed: India, New Zealand sign landmark Free Trade Agreement in record time | Supreme court snubs urgent plea to stop PMO’s chadar offering at Ajmer Sharif

New laws to probe assets of people like Vijay Mallya: Arun Jaitley

| | Mar 10, 2017, at 07:29 pm
New Delhi, Mar 10 (IBNS) : Union Finance Minister Arun Jaitley on Friday said that new laws will be framed to probe assets of people like Vijay Mallya.

Addressing the Lok Sabha, Jaitley said old laws might have to be amended, if needed.

Liquor baron Vijay Mallya was accused in a  loan default case involving a staggering amount for which a case has been initiated against him.

Mallya  fled to United Kingdom in 2016.

Jaitley made it clear that the Government will not spare any individual who flees away from the country following  a defaulter case.

However,  Mallya in a tweet on Friday morning urged the Supreme Court to allow him to negotiate the case of default.

"Wish the Hon'ble Supreme Court would intervene and put an end to all this by directing Banks and us to negotiate and settle.We are ready," Mallya tweeted.

Jaitley attacked the opposition Congress, saying the present dispensation is  paying the prices of the previous Government's misdeeds.

He  asserted that the present Government did not help Mallya with a single penny.


Image: Official twitter handle of Arun Jaitley

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.