'Take my money and save Jet Airways': Vijay Mallya offers to return the money he owes PSU banks

By Xappie Desk, March 26, 2019 19:29 IST

'Take my money and save Jet Airways': Vijay Mallya offers to return the money he owes PSU banks

“Take my money and save Jet Airways”: Vijay Mallya offers to return the money he owes PSU banks
 
The government has made an announced that banks need to pump about Rs 1,500 crore to save Jet Airways which is collapsing down. The banks should do this immediately after Naresh Goyal, the founder steps down. Hours after this announcement, Vijay Mallya, owner of the obsolete Kingfisher Airlines took this opportunity to slam Modi government for not taking such decisions in favour of him long back.
 
He took to Twitter to express his anguish with the government for not acknowledging the investments he made. He bombarded the NDA regime with a series of tweets for criticising him for no reason which took the social media to storms. "I invested over 4000 crores into Kingfisher Airlines to save the Company and its employees. Not recognised and instead slammed in every possible way. The same PSU Banks let India's finest airline with the best employees and connectivity fail ruthlessly. Double standards under NDA,” wrote Mallya in one of his tweets.
 
Mallya also alleged the BJP government that the same people who once criticised Manmohan Singh administration for trying to bail out Kingfisher has done the same with Naresh Goyal's Jet Airways.

 "And I repeat once again that I have placed liquid assets before the Hon'ble Karnataka High Court to pay off the PSU Banks and all other creditors. Why do the Banks not take my money? It will help them to save Jet Airways if nothing else," he tweeted. He asked the PSU banks to take his offer and save Jet Airways.
 

Naresh Goyal, the founder and chairman for Jet Airways and his wife have announced that they would move out of the board, which will clear the air for the funds' infusion



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