No Post Found Jet Airways Why Do The Banks Not Take My Money It Will Help Them To Save Jet Says Vijay Mallya | समाचार । विश्लेषण। विचार। ख़ास रिपोर्ट

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Jet Airways: ‘Why Do The Banks Not Take My Money It Will Help Them To Save Jet’ Says, Vijay Mallya

न्यूज़ वर्ल्ड इंडिया | 0
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| March 26 , 2019 , 15:40 IST

Fugitive Business Man Vijay Mallaya who is being investigated for fraud and money-laundering, tweeted about the jet airways and stated that “ Why do the Banks not take my money. It will help them to save Jet Airways if nothing else” on Tuesday.

Goyal along with his wife Anita stepped down on Monday following which lenders agreed to pump in Rs 1,500 crore to bail  out the financially troubled airline.

Vijay Mallya, 62, is wanted in India for defaulting on Rs. 9,000 crore in loans to his failed Kingfisher Airlines. Bogged down by a massive financial concern, the full-cost airline closed operations in 2012.

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In a series of tweets posted in the early hours, Mallya said “Happy to see that PSU Banks have bailed out Jet Airways saving jobs, connectivity and enterprise. Only wish the same was done for Kingfisher.”

Mallaya added " And I repeat once again that I have placed liquid assets before the Hon’ble Karnataka High Court to pay off the PSU Banks and all other creditors. Why do the Banks not take my money. It will help them to save Jet Airways if nothing else.”

After weeks of uncertainty over the future of ailing Jet Airways, the airline's board on Monday approved immediate fund infusion of up to Rs 1,500 crore by lenders as well as a conversion of debt into equity.

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