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Mallya's claim reconfirms how Modi govt enables big defaulters to loot public money: Yechury

Press Trust of India  |  New Delhi 

CPI(M) slammed the NDA dispensation on Wednesday over Vijay Mallya's claim that he met the before leaving India, and said it reconfirmed how the "enables big defaulters to loot public money and scoot".

"The fundamental point is how he got away despite 'lookout notices'?" Yechury tweeted while mocking by tagging a picture of him performing yoga by resting on a stone and facing the sky.

Mallya, facing charges of fraud and money laundering amounting to around Rs 9,000 crore and fighting an extradition case, told reporters in that he met and offered to settle with the banks.

"I left because I had a scheduled meeting in Before leaving I met the minister and offered to settle (the issue with the banks)," Mallya said, without naming the minister.

Jaitley rubbished Mallya's statement, saying he never gave him an appointment since 2014 but the liquor baron misused his position as to accost him in Parliament.

Yechury said the government did not act against big loan defaulters despite former Reserve Bank apprising it about them.

"The former RBI says he gave a list of fraud cases to the top - the PMO. It is clear why nothing was done - other than packing off the former Shame," he said.

"As with the Rafale scam and Choksi scam, this latest revelation by Mallya puts Modi govt in the dock. It is not the alone, we cannot be sure what other facts are being hidden even now," Yechury said.

Mehul Choksi, along with his nephew and business partner Nirav Modi, is accused of defrauding the state-run of about Rs 13,000 crore. Both Choksi and have fled the country earlier this year.

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

First Published: Wed, September 12 2018. 22:05 IST