Vijay Mallya claimed that the banks have recovered nearly ₹14,000 crore against the loan amount of ₹6,203 crore, including an interest of 11.5%.
Mallya claimed that the banks had not given the statement of accounts despite 15 reminders from lawyers to the banks and a personal letter to the SBI chairman. He says he received a response to the last letter requesting a meeting for clarification, which the banks denied. Hence, he was prompted to approach the Karnataka High Court.
“I am not talking about brand Vijay Mallya; I’m talking about how I’ve been wronged, ”
He mentioned that the debt recovery tribunal’s recovery certificate showed a loan amount of nearly ₹6,203 crore, including an interest of 11.5%. The total debt of nearly ₹6,203 crore was against four entities, including Kingfisher Airlines, United Breweries, Vijay Mallya and Kingfisher Finvest.
“I am the one under attack,” Mallya said at a podcast hosted by Raj Shamani. While clarifying about widely reported debt amount of ₹9,000 crore, Mallya said, “I am as perplexed as you are because the banks have not ever submitted a statement to me, which in itself is very strange.”
