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Now, ED summons Mallya in IDBI fraud case


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ED, It, SFIO officials can now have foreign Trips
by on Mar 11, 2016 08:31 PM  | Hide replies

Mallya like mad caps in India or abroad makes no difference. What makes difference is can GoI India recover money or at least put him behind bars in 30 days time from now on? As all know, GoI or even courts can not even put him behind bars forget about recovering money. Neither Cong nor BJP nor Opposition want Mallya behind bars for their own reasons. If NDA puts Mallya behind bars which it can very easily, it will win coming elections in all states and also wins 2019 elections. But why they are not doing? Same is the case with Lalith Modi. Mallyas and Lalith Modis are traitors of first kind but who cares?

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sarjit saharan
Helpful and Thankful Culprit : Vijay Mallya
by sarjit saharan on Mar 11, 2016 05:50 PM

Thank you Mr Vijay Mallya for exposing the nexus between politicians, banks and businessmen for looting the tax payers money. I am also grateful to you for exposing the ineffective police which is effective against poor e.g. for a small amount loan outstanding against a farmer the Tamil Nadu police on TV was shown snatching farmer's tractor but repeatedly salutes country's biggest loan defaulter Mr Vijay Mallya and dare not take seat in his presence. Long live reservation quota in India..... .. Government servants ineffectiveness will continue helping politicians and businessmen to prosper.

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Sahoo Dhruba
VIJAY MALIA LOAN CASE ANOTHER 9000 CR SCAM IN CONG ERA....
by Sahoo Dhruba on Mar 11, 2016 05:23 PM

Big number loans are given at the instruction of Finance minister, Political leaders and influential persons.Since, Vijay Malia's entire loan were given during Congress ( UPA) era, hence it is another Rs.9000 Crore scam we should have to blame congress.

Now Rahul Gandhi is sheding crocodile tears on Vijay Malia loan issue. However he may twist this issue, public know who is the real culprit.So proper investigation should be done, who ever may be the culprit, including Bank Chairman, ED and political leaders should be drag into bars.

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Soumya Mukherji
Real Culprits
by Soumya Mukherji on Mar 11, 2016 04:36 PM  | Hide replies

Real culprits are the bank bosses who approved the loans and the politicians who instruct the bank bosses to approve the loans

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Sahoo Dhruba
Re: Real Culprits
by Sahoo Dhruba on Mar 11, 2016 05:13 PM
I 100% agree with you. Since entire loan were given during Congress ( UPA) era, hence it is another Rs.9000 Crore scam we should have to blame congress.

Now Rahul Gandhi is sheding crocodile tears against Vijay Malia. However he may twist this issue, public know who is the real culprit.

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WILSON CHANDRAN
Re: Re: Real Culprits
by WILSON CHANDRAN on Mar 12, 2016 07:07 AM
There is no basis to blame the bankers or the govt unless there are violations of norms while sanctioning, disbursing and monitoring the account. When the business fails naturally the account becomes sick. Direct securities/additional securities must be there. Here the borrower seems to have been non co-operative for closure and hence the bankers seem to have taken legal proceedings.

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ganesha jaguva
looks like even this govt is
by ganesha jaguva on Mar 11, 2016 04:36 PM

corrupt

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Raghavendra Rao
Arrest Mallya and bring him back !
by Raghavendra Rao on Mar 11, 2016 04:13 PM  | Hide replies

Mallya should be hand cuffed and paraded in uB city in Bangalore and his assets must be confiscated and auctioned .That part of the money must be paid to the employees of KF airlines and the balance for the debts he owes to the banks where he has taken loans.This action should be done on day to day basis .

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Partha
Re: Arrest Mallya and bring him back !
by Partha on Mar 11, 2016 04:23 PM
How? The individual and the Company are separate legal entities.

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Raghavendra Rao
Arrest Mallya and bring him back !
by Raghavendra Rao on Mar 11, 2016 04:13 PM

Mallya should be hand cuffed and paraded in uB city in Bangalore and his assets must be confiscated and auctioned .That part of the money must be paid to the employees of KF airlines and the balance for the debts he owes to the banks where he has taken loans.This action should be done on day to day basis .

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