Alleged to have defaulted bank loans in thousands of crores, Mr Vijay Mallya, the liquor baron from India had left for the UK last year, sensing trouble in air. He is also wanted in case of money-laundering. Vijay Mallya’s Kingfisher Airlines flopped badly and now he owes banks approximately Rs.9000 crores.
He was voluntarily arrested by the Scotland Yard today and within 3 hours he got bail so people thinking that he would be extradited are living in fool’s heaven. He is powerful enough to dodge such extradition attempts and surely has done all his homework before leaving homeland as to how he would be legally protecting himself once he leaves India.
Its a failure on the part of Indian govt(s) and sends a very wrong message to society if people run away with bank’s money and freely lead a happening life in some other country. Well, as of now, the king of good times is having good time in the UK and there is no coming back home, anytime soon.
While the ‘Aam Aadmi’ seem to have been spared by the Union Finance Ministry,F.M. P Chidambaram, has put the burden of charging 10 percent extra levy from 42,800 Super-Rich Indians(individuals and corporate) who earn more than 1 crore per annum. While some refer this budget as the ‘Robin hood Budget’ many claim the budget was prepared keeping 2014 General Elections in mind !
The corrupt politicians surely do not fall in this slab 😀 as they do not earn that much ! 🙂
Guess,’King Of Good Times’ – Vijay Mallya,is still in the Special 42,800 list,after the Kingfisher Airlines mess ! 😀
Super Rich Indians to pay more tax-Budget 2013
With Kingfisher staff going on a strike ,asking for their pending salaries,the image of ‘The King Of Good Times – Vijay Mallya’ has been surely tarnished in the minds of people taking him as an inspiration of lifestyle.
Kingfisher Airlines had 19 flights cancelled following protest strikes by pilots and engineers of the airline and today it entered its second day. No staff reported for work since yesterday to protest the non-payment of salaries.Mr Vijay Mallya, the chairman of Kingfisher Airlines declared that such strikes and cancellations of flights will not put him under pressure !
Probably he prefers flying by other airlines to make sure he does not get his work hampered due to flight cancellations ! 😉