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, 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.
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