Vijay Mallya Claimed That The Banks Have Recovered Nearly 14,000 Crore against the loan Amount of 6,203 Crore, Including an interest of 11.5%.
Mallya Claimed That The Banks Had Not Given The Statement of Accounts Despite 15 reminders from laws to the banks and a personal letter to the SBI Chairman. He says he received a response to the last letter requesting a meeting for Clarification, which the banks denied. Hence, he was prompted to approach the karnataka high court.
He mentioned that the debt recovery tribunal’s recovery certification showed a loan Amount of Nearly 6,203 Crore, Including an interest of 11.5%. The Total Debt of Nearly 6,203 Crore was against Four entities, Including Kingfisher Airlines, United Breweries, Vijay Mallya and Kingfisher Finvest.
“I am the one under attack,” Mallya said at a podcast hosted by raj shamani. While Clarifying about widely reported debt Amount of 9,000 Crore, Mallya Said, “I am as perplexed as you are because the banks have not ever submitted a statement to me, which in its in its is very strange.”