Government will act against Mallya: Jaitley

New Delhi, March 10 (IANS) The government on Thursday said “every possible action will be taken” against beleaguered liquor baron Vijay Mallya.

Finance Minister Arun Jaitley said in the Lok Sabha during Zero Hour that Mallya, as of end of November 2015, owes about Rs.90 billion to the banks.


He was responding to the issue raised by Congress floor leader Mallikarjun Kharge, who wanted to know why the government did not “confiscate” the passport of the defunct Kingfisher Airlines chief.

The Congress leader wanted to know why the government and State Bank of India did not act against Mallya on time, which helped the business tycoon to flee.

Jaitley said every member of the house shares the concern raised by Kharge, but said the sanction of money made to Mallya was during the UPA regime.

“As far as accounts are concerned, first sanction was made by the consortium of banks in September 2004,” he said, adding then again in 2008. “These dates speak for themselves,” he said.

Minister of State for Parliamentary Affairs Rajiv Pratap Rudy said Mallya is “no saint” for the NDA regime.


  1. “every possible action will be taken”

    Look at the pathetic response from the government because they know they can not do a thing against Mallya. We are a classic banana republic. We don’t care how incompetent our government or system is but we want our favourite political parties in power no matter what.

    This is a face-saving, knee-jerk reaction by the government when people in the legal circles already know there is nothing much the banks or the government can do. He hasn’t broken any laws. After some time Kingfisher fiasco will become old hat and people and media will lose interest in it. Governments change and the new ones will not have any interest in pursuing this matter further. In the meantime whole of this loss will be put on the tax payers’ shoulders.

    For extraditing him or to cancel his passport, the government has to prove beyond reasonable doubt that he has done something criminal. Proving extradition cases in the West is a very costly affair as the requesting party has to make a clear, unambiguous case. Even then there are so many human rights laws which have to be confronted. In my view, the chances of government succeeding are next to nothing. On top of that many millions of tax payers’ money will be spent on this extradition appeal with no favourable results.

    In the meantime, why is no one raising any voice against the SBI management which sanctioned these loans? What procedure did they follow? It’s a public sector organisation so there has to be accountability to the public. Why is government not looking into that matter? If they tactfully delay it, in a decade, all those corrupt officers would have happily retired with massive pension pot and bonuses and the law will not be able to touch them. They may die happy natural death also without facing any consequences for their stupid actions. Isn’t this ridiculous? If there is an easy way to swindle money anybody can take advantage of it. So blaming everything on Mallya is also not entirely correct. Any other cunning business man would have done the same thing if the front door was wide open. Instead of blaming the thief for burgling your unsecured home, ask yourself whether you took the necessary safety precautions to safeguard your home.

  2. Hey, Rampuji,

    Wasn’t this gastric-banded Joker CLINGING on to some top post in that corrupt body which controls Cricket in India/elsewhere?

    Wasn’t he hobnobbing & rubbing elbows with that absconder who owes Indian banks some 1.3 Billion+ USD?

    At least, I’m thrilled that our Yumreeki Rampa didn’t dare ask MORE about him – such as – his Kundali, jathaka, vaastu, caste… etc. SMILES. 🙂

  3. What is the Finance Ministeer, Arun Jaitly, talking about. Is he sure that he can get Vijay Mallya back to India? I wonder! What about getting Lalit Mody? Has that fizzled off and has Arun Jaitly raised his hand in surrendet? Vijay Mallya could run away, because many Members of the Parliaments (MPs) from both Congress and BJP were obligated to hm in some way or the other, similarly like those two ministers in the BJP government who were obligated to Lalit Modi in many ways, including conflict of interest. As per the electronic media, many of them have wined or dined, held their children’s marriages at his properties (and all expenses borne by him) and many MPs have gone for a spin in his custom-built private jet. So, the least they could do is to allow him to run away and they kept their eyes shut.

    There is no difference between Vijay Mallya and Lalit Modi, because both are absconders, having run away with lots of public money and are living like royalties. Here is Vijay Mallya who owes thousands of crores to the banks and has travelled to London in business class with 11 pieces of baggage and now is living in his swanky, multi-million dollars house at Hertfordshire, visiting the local public and buying drinks for all the villagers frequenting it and laughing his guts out as to how he fooled the Indian government, country, people, banking system, etc.

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