Tag Archives: Kingfisher Airlines

“Vijay Mallya Asserts He Has Repaid Twice His Debt, Seeks Relief from Charges”

"Vijay Mallya Asserts He Has Repaid Twice His Debt, Seeks Relief from Charges"

Fugitive businessman Vijay Mallya has ignited a fresh controversy with his claims that the Indian banks have recovered more than double the amount of his debt. In a recent series of posts on X (formerly Twitter), Mallya argued that while the Debt Recovery Tribunal had adjudicated his Kingfisher Airlines (KFA) debt at ₹6,203 crore, including ₹1,200 crore in interest, banks had recovered ₹14,131.60 crore from him through the Enforcement Directorate (ED) and other agencies.

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