Industrialist Harsh Goenka has raised eyebrows with a pointed query: if Vijay Mallya’s dues are really settled, why is he nonetheless a political scapegoat? Taking to social media, the RPG Enterprises Chairman mentioned justice should not be selective, urging banks to make clear the present standing of Mallya’s debt. His put up has reignited debate over considered one of India’s most high-profile monetary scandals.
In a put up on X (formally Twitter), Goenka wrote, “Vijay Mallya lived the excessive life, sure. Defaulted, sure. Not like most others, his ₹9,000+ crore dues at the moment are reportedly settled. In the meantime, greater defaulters stroll free with a lot fatter haircuts from banks. If dues stay, the banks ought to clearly say so. If not, why is he nonetheless a political punching bag? Justice should be honest, not selective.”
Mallya swiftly responded, thanking Goenka and stating, “The Union Finance Ministry has confirmed in writing that Banks have recovered Rs 14,100 crores from me in opposition to a DRT judgement debt of Rs 6,203 crores. Why the blatant discrimination?”
Accused of fraud and cash laundering, Mallya owes Indian banks round ₹9,000 crore and fled the nation in 2016. He has since lived within the UK, combating extradition.
Based on the Finance Ministry, the Enforcement Directorate has recovered ₹22,280 crore from varied banking scams, together with the Mallya case.
In February, Mallya instructed the Karnataka Excessive Court docket that the ₹6,200 crore debt had been “recovered a number of instances over.” He requested an in depth assertion of recovered quantities from him, United Breweries Holdings Restricted (UBHL), and different related debtors.
He additionally claimed the banks had recovered ₹14,131.8 crore, greater than double the judgment debt. “Lastly, in opposition to a judgment debt of Rs 6,203 crore, admitted restoration of Rs 14,131.8 crore, which will likely be proof in my UK chapter annulment software. Surprise what banks will say in an English Court docket,” he wrote earlier.
