Vijay Mallya Demands Accurate Statement as Banks Claim Rs 14,100 Crore Recovery - TechStory

Vijay Mallya Demands Accurate Statement

Vijay Mallya, the fugitive former chairman of Kingfisher Airlines, has criticized Indian public sector banks for alleged lack of transparency regarding recoveries made from his seized assets.

The Indian Public Sector Banks who claim monies from me as a guarantor should be ashamed that they have not yet submitted an accurate statement of account of recoveries made despite the Union Finance Minister clearly stating that Rs 14,100 crores have been restored to the very same Banks.

Banks claim Rs 14,100 crore recovery. Author: Mallya demands transparency.

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TechStory TechStory — 2025-10-14

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