Advertisement
trendingNowenglish1865357https://zeenews.india.com/business/news/companies/vijay-mallya-should-come-back-settle-disputes-with-banks-says-kfas-ex-ed_1865357.html

Vijay Mallya should come back, settle disputes with banks, says KFA's Ex-ED

Ex- Executive Director of Kingfisher Airlines (KFA), Parvez Damania, said that Mallya wasn’t absconding but had gone through legal immigration.

 

Vijay Mallya should come back, settle disputes with banks, says KFA's Ex-ED

Zee Media Bureau

New Delhi: Ex- Executive Director of Kingfisher Airlines (KFA), Parvez Damania has said that Vijay Mallya should come to India and clarify all issues.

He also added that Mallya wasn’t absconding but had gone through legal immigration. He further said that Mallya should also clear the dues of the employees.

 

Liquor baron Vijay Mallya, who is currently in the United Kingdom and is being sought out in India over charges of money laundering, on Sunday said that he is not trying to evade the law enforcement agencies but is on a personal visit.

"I'm being hunted down by media in UK. Sadly they didn't look in obvious place. Will not speak to media so don't waste your efforts." Mallya said in a tweet.

Meanwhile, a Hyderabad court has issued a non-bailable warrant against the beleaguered businessman after he failed to appear before it in a cheque dishonour case amid reports Sunday that quoted him as having said the time is not "right" for his return to India.

 

The court order in the case of alleged dishonour of a Rs 50 lakh cheque to GMR Hyderabad International Airport Ltd came even as Union Labour Minister Bandaru Dattatreya said a probe will be launched to check whether there were any anomalies in the Provident Fund(PF) contributions made by Mallya's Kingfisher Airlines for its employees when it was functioning.

GMR counsel G Ashok Reddy said "He (Mallya) and others were supposed to appear before the court on March 10. They did not appear...Hence, court issued NBW order which has to be executed by April 13."

 

There are a total of 11 cases involving Rs 8 crore payment to GMR and the NBWs were issued in connection with Rs 50 lakh bounced cheque, he said.

Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.

NEWS ON ONE CLICK