London sources stated that embattled liquor tycoon Vijay Mallya claimed that Prime Minister Narendra Modi's statement in a recent interview confirming the recovery of Rs 14,000 crores worth of his assets has fully vindicated him in his assertion of being a "poster boy" for the BJP-led government. Meanwhile in his characteristic style of issuing statements through social media, the 62 year old said that by PM Modi's own assertion the recovery of assets was higher than the alleged Rs 9,000 crores he owed.
Vijay Mallya said on Twitter "He humbly submit that my assertion that he is a poster boy is fully vindicated by the PM's own statement about me (by name) that his Govt has recovered more than what he allegedly owe the banks". Furthermore he owed banks Rs 9,000 crores but the government has confiscated his properties worth Rs 14,000 crore from across the world. Presently he is in trouble because we are taking double the amount," PM Modi had said.
Moreover in the event that Mallya's application is rejected at this stage, he will have the option to submit for a "renewal" and the renewal process will lead to a 30 minute oral hearing during which Mallya's legal team and the Crown Prosecution Service (CPS) on behalf of the Indian government will renew their respective claims for and against an appeal for a judge to determine if it can proceed to a full hearing.
