CBI’s action to attach Liquor baron Vijay Mallya assets in the fraud and money laundering case has been criticised by Mallya as he took to Twitter early on Friday to question the move.
In a series of tweets, he questioned whether the attachment of his assets in the case was fair or not.
In his first tweet, Vijay Mallya wrote “The DRT Recovery Officer recently attaches my Group assets worth over 13,000 crores in India on behalf of the Consortium of Banks. Yet the narrative is that I ran away with the claimed amount of 9000 crores causing loss to the Public Sector Banks. Where is Justice or fair play?.”
The DRT Recovery Officer recently attaches my Group assets worth over 13,000 crores in India on behalf of the Consortium of Banks. Yet the narrative is that I ran away with the claimed amount of 9000 crores causing loss to the Public Sector Banks. Where is Justice or fair play ?
— Vijay Mallya (@TheVijayMallya) February 1, 2019
In his second tweet, he questioned “Every morning I wake up to yet another attachment by the DRT recovery officer. Value already crossed 13,000 crores. Banks claim dues including all interest of 9,000 crores which is subject to review. How far will this go and well beyond? Justified??.”
Every morning I wake up to yet another attachment by the DRT recovery officer. Value already crossed 13,000 crores. Banks claim dues including all interest of 9,000 crores which is subject to review. How far will this go and well beyond ? Justified ??
— Vijay Mallya (@TheVijayMallya) February 1, 2019
Earlier in January this year, a Mumbai Special Court declared absconder liquor baron Vijay Mallya a ‘fugitive’ under the Fugitive Economic Offenders Act, 2018.
A Special Prevention of Money Laundering Act (PMLA) Court in Mumbai gave its verdict in a case filed by the Enforcement Directorate (ED) in June 2018.
In the first of its kind case under the FEOA, on June 22 last year, the ED moved the Special PMLA Court seeking to declare Mallya a ‘fugitive economic offender’ under the new act, to enable confiscation of all his properties, estimated at over Rs 12,000 crore.