'Surprised at Mallya reneging on professional commitments'

Image
IANS Panaji
Last Updated : Feb 18 2017 | 3:57 PM IST

Union Civil Aviation Minister Ashok Gajapati Raju said on Saturday he was surprised at how former liquor tycoon and Kingfishers Airlines promoter Vijay Mallya managed to renege on a string of professional commitments.

"I myself was surprised. Kingfisher had not paid its labour, its leasees, the petroleum companies and airport authorities. How he managed that, please ask him. I told Parliament that I cannot put the clock back. And it is the government of the day that should have taken action," Raju said, adding that "law would take its own course" vis-a-vis the offences booked against Mallya.

He also said, that some of the cheques the now-absconding Mallya had issued to the Airports Authority of India had bounced.

"Law takes its own course, because some cheques he had given us bounced. So that becomes a criminal offence. The law is taking its own course, I can assure you that government of India is not going to protect anyone who is unlawlful," he said.

A non-bailable warrant had also been issued against Mallya in connection with the dud cheques.

--IANS

maya/ksk/vm

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 18 2017 | 3:44 PM IST

Next Story