Vijay Mallya Breaks Silence: ₹9000 Cr Loan, Jaitley Meet & Extradition Truth.

4 months ago
9

In a rare and explosive interview, fugitive businessman Vijay Mallya has broken his silence after nine years, revealing shocking insights into the financial scandal surrounding Kingfisher Airlines, loan defaults, and his controversial departure from India. In a four-hour podcast with YouTuber Raj Shamani, Mallya challenges the ₹9,000 crore loan claim, stating the certified amount was ₹6,203 crore, and asserts ₹14,100 crore has already been recovered from him. He strongly denies being a "chor" (thief), claiming he never ran away but left on a prescheduled trip. Mallya also revealed that he informed then Finance Minister Arun Jaitley before flying out, triggering a political storm.
He discussed his appeal to Pranab Mukherjee to downsize Kingfisher Airlines and blamed the 2008 global recession for the company’s collapse. Mallya offered an emotional apology to former employees and expressed willingness to return to India if assured a fair trial. He accused banks of hiding account statements and criticized the media for painting him as a criminal.
Meanwhile, legal charges including loan fraud, money laundering, and tax evasion continue to follow him. This candid interview has reignited public and political debates, with social media abuzz and critics questioning the timing and motives of Mallya’s revelations.
Watch our in-depth coverage only on Democratic News TV, where anchor Shibnath unpacks Mallya’s claims, the legal facts, political fallout, and what lies ahead in this ongoing saga of one of India’s biggest financial scandals. Don't miss this detailed report on the rise, fall, and defiance of Vijay Mallya.

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