Hidden Agenda Will Be Revealed If ED, CBI Object To Asset Sale Proposal, Says Mallya

Fugitive liquor baron Vijay Mallya, who has filed an application before Karnataka High Court seeking a nod to sell assets worth Rs 13,900 crore to repay debt, today said that if the Enforcement Directorate and the Central Bureau of Investigation object to the proposal it will show that there is an agenda against him beyond recovery of dues.

In a series of tweets a day after claiming that he has become the “poster boy” of bank default and a lightning rod for public anger, Mallya said he will continue to make every effort to settle dues with the banks.

In his statement yesterday, Mallya had said that UBHL (United Breweries Holdings Ltd) and himself have filed an application before the Karnataka High Court on June 22, 2018, setting out available assets of approximately Rs 13,900 crore.

Mallya further said, “If the criminal agencies such as ED (Enforcement Directorate) or CBI object to the sale of assets, it will clearly demonstrate that there is an agenda against me 'the Poster Boy' beyond recovery of dues”.

Seeking to clarify on questions over the timing of the statement he made yesterday, Mallya said it was because of the filing of the application before the high court.

Speaking over the controversy surrounding him in the over Rs 9,000-crore Kingfisher Airlines loan default case, Mallya had denied that he was a wilful defaulter.

Also read: ED Seeks Fugitive Offender Tag For Mallya In First Case Under New Legislation