shot-button
Subscription Subscription
Home > News > India News > Article > Sitaram Yechury slams Modi govt over handling of Vijay Mallya case

Sitaram Yechury slams Modi govt over handling of Vijay Mallya case

Updated on: 12 September,2018 10:15 PM IST  |  New Delhi
PTI |

"I left India because I had a scheduled meeting in Geneva. Before leaving I met the finance minister and offered to settle (the issue with the banks)," Mallya said

Sitaram Yechury slams Modi govt over handling of Vijay Mallya case

Vijay Mallya

New Delhi, Sep 12 (PTI) CPI(M) general secretary Sitaram Yechury slammed the NDA dispensation on Wednesday over embattled businessman Vijay Mallya's claim that he met the finance minister before leaving India, and said it reconfirmed how the Modi government "enables big defaulters to loot public money and scoot".


"The fundamental point is how he got away despite 'lookout notices'?" Yechury tweeted while mocking Prime Minister Narendra Modi by tagging a picture of him performing yoga by resting on a stone and facing the sky. Mallya, facing charges of fraud and money laundering amounting to around Rs 9,000 crore and fighting an extradition case, told reporters in London that he met Finance Minister Arun Jaitley and offered to settle with the banks.


"I left India because I had a scheduled meeting in Geneva. Before leaving I met the finance minister and offered to settle (the issue with the banks)," Mallya said, without naming the minister. Jaitley rubbished Mallya's statement, saying he never gave him an appointment since 2014 but the liquor baron misused his position as Rajya Sabha MP to accost him in Parliament.


Yechury said the government did not act against big loan defaulters despite former Reserve Bank Governor Raghuram Rajan apprising it about them. "The former RBI governor says he gave a list of fraud cases to the top - the PMO. It is clear why nothing was done - other than packing off the former Governor. Shame," he said.

"As with the Rafale scam and Choksi scam, this latest revelation by Mallya puts Modi govt in the dock. It is not the finance minister alone, we cannot be sure what other facts are being hidden even now," Yechury said.

Diamond trader Mehul Choksi, along with his nephew and business partner Nirav Modi, is accused of defrauding the state-run Punjab National Bank of about Rs 13,000 crore. Both Choksi and Nirav Modi have fled the country earlier this year.

Also Read: Arun Jaitley Rejects Vijay Mallya's Claim, Says Never Met Him

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK