ED attach my assets worth 14K crores at behest of Govt Banks against debt of 6.2K crores.They restore assets to Banks who recover 9K crores in cash and retain security over 5K crores more.Banks ask Court to make me Bankrupt as they may have to return money to the ED. Incredible.
Have been watching TV and the repeated mention of my name as a cheat and fraudster. Does nobody consider that my assets far in excess of Kingfisher Airline borrowings have been attached by ED and the several of my settlement offers to repay 100% ? Where is the cheating or fraud?
A great day for Racing Point and Checo Perez for the first F1 win. Great effort by Lance Stroll to finish 3rd. Congratulations to all. I am particularly proud as it’s the same Force India team that delivered this awesome result...with my friend Lawrence Stroll at the helm.
"I've always said this and I will say it again, you will always be my Captain," #TeamIndia Skipper @imVkohli pays his tribute to @msdhoni who announced his retirement from international cricket at 1929 hours yesterday.
We love the government's "Eat Out To Help Out" scheme. It’s a catchy title, but we wanted to spice it up by giving it a curry themed name. What would be your suggestions?” #EatOutToHelpOut#KeepCalmAndCurryOn#Curry
Exciting news! Many Curry Houses up and down the country are now back open for business. In these uncertain times, they need all the support they can get. If you love curry, we ask you to do one thing: Support your local Curry House. #KeepCalmAndCurryOn#openforbusiness#iamopen
It's official! Restaurants will be allowed to reopen from 4th July! Who will be heading out to their favourite restaurant? Let us know where you'll be going in the comments below. #KeepCalmAndCurryOn#KingfisherBeer
Congratulations to the Government for a Covid 19 relief package. They can print as much currency as they want BUT should a small contributor like me who offers 100% payback of State owned Bank loans be constantly ignored ? Please take my money unconditionally and close.
Many Thanks to @TheSanjivKapoor for factual and generous comments on the (sadly) late Kingfisher Airlines. We tried hard but without Policy support from Government the inevitable happened. The employees deserve most credit for all appreciation.
This loan was subsumed along with loans from other Banks within the Master Debt Recast Agreement of 2010. Following the DRT order for the payment of approximately Rs 5000 crores by way of Principal and Rs 1200 crores by way of unapplied interest making a total of Rs 6200 crores
I must draw attention to paragraph 6 of the judgement which is available to the public. Please note that the allegations against me and others are specifically and only related to three tranches of borrowing from IDBI Bank for a total of Rs 900 crores in 2009.
I am naturally disappointed with the High Court decision. I will continue to pursue further legal remedies as advised by my lawyers. I am also disappointed with the media narrative which states that I must face trial in India for a fraud of Rs 9000 crores.