Liquor baron Vijay Mallya says he wants a 'reasonable' settlement with banks to his defunct airline. Vijay Mallya who is 60 Years went to London on march 2nd and now banks are struggling to recover $1.4 Billion.
Vijay Mallya who is in london said, "We have always been in dialogue with banks saying: ‘We wish to settle’. But we wish to settle at a reasonable number that we can afford and banks can justify on the basis of settlements done before. Just by taking my passport or arresting me they are not going to get any money.
I am in 'forced exile' and I have no plans of leaving Britain. I am absolutely not guilty of any of these preposterous charges of diverting funds from Kingfisher, buying properties or stuff like that."
Indian Government meanwhile seeks deportation of Vijay Mallya and they target him by arresting him with a non-bailable warrant in Money laundering investigation. An Indian spokesperson said Mallya had no further comments regarding this issue.
