NEW DELHI: Fugitive businessman Vijay Mallya and founding father of Indian Premier League (IPL) Lalit Modi on Thursday exchanged pleasantries, with extending birthday needs to the ex-proprietor of the now-defunct Kingfisher Airlines.
In a social media put up on X. Lalit Modi, the previous IPL chairmanwrote, “Wishing you my friend #vijaymallya a very #happybirthday – life sure has its ups and downs, we have both seen it. This too shall pass. May the year ahead be your year. And you are surrounded by love and laughter. Big big hug.”
Mallya, who’s at present preventing extradition from the UK to India, responded, saying, “Thank you my dearest friend… we both have been wronged in a country we tried to contribute to.”
Mallya, accused of fraud and cash launderingowes Indian banks roughly Rs 9,000 crore. He fled India in 2016 and has been residing within the UK since then, in accordance to PTI.
However, finance minister Nirmala Sitharaman lately knowledgeable Lok Sabha that the ED has to date recovered Rs 22,280 crore from varied scams. This consists of over Rs 14,000 crore returned to banks from the sale of Mallya’s belongings.
Mallya has additionally responded to Sitharaman’s assertion in Lok Sabha that the banks have recovered greater than double the quantity owed within the Kingfisher Airlines case. He contends he’s due reduction.
Similarly, Lalit Modi, who left India in 2010, has confronted allegations of monetary irregularities throughout his tenure as IPL chairman. In 2011, the ED issued present-trigger notices to Modi and the BCCI underneath FEMA for allegedly transferring Rs 243.45 crore to Cricket South Africa with out RBI approval forward of the 2009 IPL, in accordance to ANI.
