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Govt providing protection to '4Ms' -- Lalit Modi, Nirav Modi, Mehul Choksi, Vijay Mallya: Cong

Press Trust of India  |  New Delhi 

The today accused the BJP-led central government of providing protection to "4Ms" -- Lalit Modi, Nirav Modi, and -- and claimed that the saffron party was seeking to put a lid over this protection of scamsters and absconders.

"A panic-stricken BJP is attempting to put a lid over this protection of scamsters and absconders, who have adopted the party's official policy of fleece and fly with people's money after defrauding the banks.

"Modiji's protection of the 4Ms -- number one Lalit Modi, number two Nirav Modi, and -- is legendary. All of them and many others -- the likes of Jatin Mehta, Prateek Jindal -- have run away to foreign shores after swindling crores of public money.

"The (Narendra) government is helping these swindlers escape and live comfortably after duping the exchequer," said here.

Addressing a press conference, she wondered whether Modi would answer why did his government get an international for absconder

"Is it not correct that Mallya escaped from under the nose of the with tacit complicity?

"Is it not correct that a case of financial irregularities and diversion of funds was registered against Mallya on July 29, 2015, but the neither arrested him nor confiscated his passport in order to help him escape?," Chaturvedi asked.

She alleged that on February 28, 2016, a consortium of 17 banks was advised to move to stop Mallya from leaving the country and file the case against him the very next day, but the banks filed the case only on March 5, 2016 and mentioned the matter on March 9, 2016, adding that by then, the fugitive liquor baron had already left the country.

"Is the complicity of the not writ large? Why did it take three years to file a case for Mallya's extradition before the UK authorities on February 9, 2017? Was it not done under political pressure?


"Why did the Modi government grant a loan waiver of Rs 1,200 crore to Mallya on September 16, 2016, despite the fact that he had fled the country with Rs 9,091 crore?," the asked.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, June 27 2018. 22:35 IST
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