October 11, 2026 03:44 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Undeclared Emer-GenZ': Shashi Tharoor slams Delhi curbs over CJP protests, calls internet shutdown 'most regressive' | ‘Bharat Mata Ki Jai’, ‘Inquilab Zindabad’: CJP leader Abhijeet Dipke dares Delhi Police to arrest him, says ‘We are not afraid’ | CJP protest crackdown? Abhijeet Dipke, Saurav Das and Ashutosh Ranka detained from inside flight | Dhruv Rathee detained ahead of CJP protests against CEC Gyanesh Kumar as Delhi goes on high alert | ‘Restriction, not complete closure’: Supreme Court questions Delhi shutdown ahead of CJP protest | 'Unwarranted': India hits back at JD Vance over ‘indentured servants’ remark amid US Green Card crackdown | US targets Microsoft, Infosys, Tata in green card crackdown | ‘Bold and inventive’: Canadian poet Anne Carson wins 2026 Nobel Prize in Literature | ‘Attempt to destabilise world’s largest democracy’: 42 retired judges rally behind Gyanesh Kumar over ‘vote chori’ row | ‘Vote chor, gaddi chod’: Dhruv Rathee, Prakash Raj join Bengaluru protest against Gyanesh Kumar

Wish PSU banks bailed out Kingfisher too like Jet: Vijay Mallya

| @indiablooms | Mar 26, 2019, at 02:54 pm

New Delhi, Mar 26 (UNI): Fugitive businessman Vijay Mallya, who is being investigated for fraud and money-laundering, said on Tuesday that he was happy to see that PSU banks have bailed out Jet Airways and lamented that the same PSU Banks let 'India’s finest airline with the best employees and connectivity fail ruthlessly'.

'Happy to see that PSU Banks have bailed out Jet Airways saving jobs, connectivity and enterprise. Only wish the same was done for Kingfisher,' Mallya posted on micro-blogging site Twitter.

He repeated his offer and said 'I repeat once again that I have placed liquid assets before the Karnataka High Court to pay off the PSU Banks and all other creditors'

He said why doesn't banks not take his money. 'It will help them to save Jet Airways if nothing else,' he said.

Mallya said '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 also said 'Media decimated me for writing to the current PM' and wondered what has changed now under the NDA Government.

He said he had invested over Rs 4,000 crore into Kingfisher Airlines to save the Company and its employees which was not recognised and instead slammed in every possible way.

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

Mallya is wanted in India for defaulting on Rs 9,000 crore in loans to his failed Kingfisher Airlines which closed operations in 2012.

Jet Airways founder Naresh Goyal and his wife Anita Goyal on Monday resigned from the board of the airline they founded 25 years ago, clearing the way for an immediate bailout of Rs 1,500 crore by lenders. There has been reports that the government has asked state-run banks to bail out Jet Airways for the moment to prevent the airline going bankrupt. 

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.