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Why are banks not accepting my offer, Vijay Mallya asks Modi on Twitter

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Fugitive liquor baron Vijay Mallya on Wednesday urged Prime Minister Narendra Modi in a series of tweets to instruct banks to accept the money he had offered to settle all dues. His comments came after the PM, while replying to the motion of thanks on the President's address in the Lok Sabha last week, said that those who had fled the country were crying foul on Twitter. "The Prime Minister's last speech in Parliament was brought to my attention. He certainly is a very eloquent speaker. I noticed that he referred to an unnamed person who “ran away” with 9000 crores. Given the media narrative, I can only infer that reference is to me," Mallya tweeted. He reiterated that he had offered to repay the full amount but his payback request was refused. Read More He urged Modi to instruct banks to accept his offer so that he could at least claim credit for funds lent to Kingfisher. Article Source -> Business Standard

FERA violation: court orders attachment of Mallya's properties in Bengaluru

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A Delhi court Tuesday ordered attachment of liquor baron Vijay Mallya's properties in Bengaluru in a case relating to FERA violations . Chief Metropolitan Magistrate Deepak Sherawat issued fresh directions after the Bengaluru Police, through ED's special public prosecutor N K Matta and advocate Samvedna Verma, sought more time to execute its earlier order. The Bengaluru Police had earlier informed the court that it has identified 159 properties belonging to Mallya, but has not been able to attach any of them. Mallya has been declared a proclaimed offender by the court on January 4 for evading its summons in the case. The court had on 8 May directed the attachment of Mallya's properties in the case through the Bengaluru Police commissioner and sought a report on it. It had declared Mallya a proclaimed offender for evading summons in a FERA violation case after noting that he had failed to appear despite repeated summonses. Read Complete Article B...