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Mallya ready for one time payment to banks - V6

Fri, Mar 10, 2017, 06:22 PM
Liquor king Vijay Mallya, who escaped to London after being charged as wilful defaulter of thousands of crores of rupees to Indian banks, tweeted that he was ready for one-time settlement. Accusing the banks of denying the opportunity, which is general for all defaulters, he urged Supreme Court (SC) to allow him to negotiate with bankers and make a one-time settlement. Enforcement Directorate has attached assets of Mallya, worth over Rs. 4,200 crores, which included a farm house, Kingfisher Towers and his shares in several liquor manufacturing units.
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