The famous Kingfisher Company Head, Vijay Mallya is currently in the hiding in London, as he hasn't repaid any of the loans he had taken in Indian banks. With many cases of frauds filed against him in India, he has been constantly evading paying the loans and all the efforts to arrest him and bring him to India have ended in vain as he has escaped every time , with his influential image.
In this scenario, as an RTI petition was filed to the government to know the total value of all the loans taken by Mallya which are yet to be paid, the government finance ministry has responded that it has no clues on the total values, and it will not be divulging the data on Mallya's unpaid loans. It had always been accused that the Congress government was instrumental in giving Vijay Mallya huge Loans, and even last year , finance minister Arun Jaitley had accused congress, while congress had accused BJP government of being incapable of bringing Mallya to India.
As an activist Rajiv Kumar Kher had
filed an RTI to inquire on the amount of total loans taken by Mallya, the
government has given a reply that it doesn't know the amount, with the further
explanation that Mallya has taken various loans from various banks signing
numerous agreements, and the government is unsure of the amount of loans he has
taken from different banks, and hence it is not possible to give Vijay Mallya's
loan details. However the central information department has been
triggered by this response and it has instructed the finance ministry to come
up with a proper response, stating that when a question comes from the public,
they can't be giving such replies
IFF kick-started in Chennai Accordingly the 16th edition of the Chennai International Film Festival was kicked off in the city on Thursday with an inaugural function held at Kalaivanar Arangam. Reports added the festival will continue for a week until December 20. It is spearheaded by Indo Cine Appreciation Foundation (ICAF), CIFF is an annual event that showcases some of the best National and International films and draws a huge crowd of cinephiles, both young and old from across the state.
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