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Change in Lookout Circular against Vijay Mallya error in judgement: CBI

Change in Lookout Circular against Vijay Mallya error in judgement: CBI

"Sometimes it seems the airline was not owned by Mallya, but by the Gandhi family in proxy", Patra said.

Gandhi wondered that when the "absconder" had informed the finance minister about leaving the country, why did he not notify it to the Central Bureau of Investigation (CBI) or Enforcement Directorate (ED). The finance minister dismissed it as "factually false" and said Vijay Mallya had accosted him in the corridor of parliament. I happened to meet Jaitley in Parliament and told him that I was leaving for London.

The statement from the Finance Minister came minutes after Mallya claimed that met Jaitley before fleeing out of the country and offered to settle the amount he owed to the banks.

"He paced up to catch up with me and while walking uttered a sentence that "I am making an offer of settlement". I did not even bother to get details from him.

Defence Minister Nirmala Sitharaman said the Congress was raking up the issue to deflect attention from the UPA government's "cronyism and favouritism" and the demand for Jaitley's resignation over a "brief conversation" with Mallya was motivated.

"I met the finance minster to settle matters before I left".

Reading out from one of a bunch of papers, which he said were evidence of the links between the Congress and the wanted tycoon, Mr Mallya said the loans to the now defunct airline were restructured twice - in 2008 and 2012.

More news: Gareth Southgate to leave England post after Euro 2020?

Mallya added that he had made a "comprehensive settlement" offer before the Karnataka High Court that will help in paying off all his dues.

The LoC depends on the issuing authority and, unless it asks the BoI to detain a person or to stop him from boarding a plane, no action is taken. Banks went to court for seeking an order.

Union Petroleum Minister Dharmendra Pradhan accused Mallya of taking undue advantage of Jaitley's presence in Parliament. "The logistics of Mallya leaving the country were discussed in that meeting", Rahul told reporters.

The liquor baron is facing money laundering charges in multi-crore fraud case in India, which wants him extradited from the United Kingdom where he fled to in March 2016.

"As far as I am concerned, I have. If I am wrong, I will resign from politics", Punia said.

"This is an open and shut case...it is a clear-cut case of collusion. These letters show us how the previous dispensation under Sonia Gandhi was biased, partial and kept all norms and regulations at bay to give a sweet deal to Kingfisher Airlines", he alleged.


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