All my companies have ceased operations, yet not sending employees home: Vijay Mallya seeks govt's help

All my companies have ceased operations, yet not sending employees home: Vijay Mallya seeks govt's help

Mallya took to Twitter to post: "Indian Government has done what was unthinkable in locking down the entire country.

ANIUpdated: Tuesday, March 31, 2020, 09:17 AM IST
article-image
Vijay Mallya |

London: Fugitive liquor baron Vijay Mallya on Monday (local time) said all his companies had ceased operations and manufacturing and sought help from the Indian government in sending employees of his company home.

Mallya took to Twitter to post: "Indian Government has done what was unthinkable in locking down the entire country. We respect that. All my Companies have effectively ceased operations. All manufacturing is closed as well. Yet we are not sending employees home and paying the idle cost. Government has to help."

The liquor baron, who has been accused of diversion of funds from Kingfisher Airlines in another post said: "I have made repeated offers to pay 100 per cent of the amount borrowed by KFA to the Banks.

Neither are Banks willing to take money and neither is the ED willing to release their attachments which they did at the behest of the Banks. I wish the FM (Finance Minister) would listen in this time of crisis."

Last month the Supreme Court adjourned the plea of liquor baron Vijay Mallya, seeking a stay on the proceedings initiated by the Enforcement Directorate (ED) to declare him a fugitive economic offender and confiscate his assets amounting to Rs 9,000 crores.

The matter, however, was scheduled to be heard in March after the Holi break of the court.

The 63-year-old beleaguered businessmen flew out from India in March 2016 and has been living in the United Kingdom since then.

RECENT STORIES

Investors May Lift Equity Exposure To 60–65 Per Cent As Medium-Term Market Outlook Strengthens: PL...
Investors May Lift Equity Exposure To 60–65 Per Cent As Medium-Term Market Outlook Strengthens: PL...
India Sees 207 Deals Worth $7.2 Billion In January 2026 As Private Equity Activity Holds Firm
India Sees 207 Deals Worth $7.2 Billion In January 2026 As Private Equity Activity Holds Firm
PNGS Reva Diamond Jewellery IPO Opens Feb 24, 2026, Price Band Fixed At ₹367–₹386; Fresh Issue...
PNGS Reva Diamond Jewellery IPO Opens Feb 24, 2026, Price Band Fixed At ₹367–₹386; Fresh Issue...
Delhi HC Rejects Plea Against Sebi’s NOC For NSE IPO, Court Says Petition Meant To Block...
Delhi HC Rejects Plea Against Sebi’s NOC For NSE IPO, Court Says Petition Meant To Block...
Sensex Jumps 650 Pts To 83,277; Nifty Climbs 211 Pts To 25,682, Banking Stocks Power Late Rally To...
Sensex Jumps 650 Pts To 83,277; Nifty Climbs 211 Pts To 25,682, Banking Stocks Power Late Rally To...