Business

Kingfisher baron denies charge he is an ‘absconder’

Indian liquor baron Vijay Mallya says as a Member of Parliament he would fully comply with the law. – Reuters pic, March 11, 2016. Indian liquor baron Vijay Mallya says as a Member of Parliament he would fully comply with the law. – Reuters pic, March 11, 2016. Indian liquor baron Vijay Mallya, who left the country as he faced pressure from banks to repay more than US$1 billion (RM4.12 billion) owed by his collapsed airline, refuted charges he was an absconder and said he respected the law of the land.

"I did not flee from India and neither am I an absconder", Mallya said in a tweet posted today.

Mallya also said that as a Member of Parliament he would fully comply with the law.

The Kingfisher baron left India last week, a lawyer for the lenders told the country's top court yesterday. – Reuters, March 11, 2016.

Comments

Please refrain from nicknames or comments of a racist, sexist, personal, vulgar or derogatory nature, or you may risk being blocked from commenting in our website. We encourage commenters to use their real names as their username. As comments are moderated, they may not appear immediately or even on the same day you posted them. We also reserve the right to delete off-topic comments