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The Economic Times

My companies ceased manufacturing, yet not sending employees home: Vijay Mallya

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MUMBAI: Beleaguered liquor baron, Vijay Mallya has tweeted that it is important to stay safe and maintain social distancing which can effectively be achieved by staying home and enjoying home time with family and pets. "I am doing the same. We all have a sense of bravado but it’s not worth challenging an unknown enemy which isn’t Pulwama or Kargil. 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" he tweeted.

"I have made repeated offers to pay 100 % 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 would listen in this time of crisis" .

Vijay Mallya was chairman of the the erstwhile United Breweries (UB) Group with diverse interests in brewing, distilling, real estate, biotechnology and information technology

The UK High Court is hearing an appeal filed by Mallya is expected to return to court on Tuesday against being extradited to India to face fraud and money laundering charges amounting to Rs 9,000 crores. The Royal Courts of Justice in London will hear the appeal against a magistrates' court extradition order, signed off by former UK Home Secretary Sajid Javid in February last year.

Vijay Mallya remains on bail since his arrest on an extradition warrant in April 2017.
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