Banks were made to bail out Mallya under UPA rule: BJP

With Congress attacking the government over liquor baron Vijay Mallya leaving the country, BJP today accused it of misleading people and asked it to come clean on the alleged bailout package given to him during UPA rule.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney SME Special
moneycontrol.com

Home » News » Economy

Mar 11, 2016, 06.36 PM | Source: PTI

Banks were made to bail out Mallya under UPA rule: BJP

With Congress attacking the government over liquor baron Vijay Mallya leaving the country, BJP today accused it of "misleading" people and asked it to come clean on the alleged bailout package given to him during UPA rule.

Like this story, share it with millions of investors on M3

Banks were made to bail out Mallya under UPA rule: BJP

With Congress attacking the government over liquor baron Vijay Mallya leaving the country, BJP today accused it of "misleading" people and asked it to come clean on the alleged bailout package given to him during UPA rule.

Post Your Comments

Share Cancel

Banks were made to bail out Mallya under UPA rule: BJP
With Congress attacking the government over liquor baron Vijay Mallya leaving the country, BJP today accused it of "misleading" people and asked it to come clean on the alleged bailout package given to him during UPA rule.

Defending the government saying that legal process had begun for action against Mallya over "wilful" default on loan repayment under the Narendra Modi dispensation, BJP alleged that banks were "pushed" into giving Rs 3,100 crore loan to him and unfreezing his bank accounts in 2012.

"Congress should not try to mislead the people. It should instead tell people why its government pushed banks into giving a bailout package to Mallya and why they were asked to unfreeze his accounts, which were frozen due to his default," party National Secretary Shrikant Sharma said.

Referring to Finance Minister Arun Jaitley's speech in Rajya Sabha yesterday, he said 22 cases were filed in different parts of the country and some assets were attached.

Attacking Congress, Sharma said it has had a "nexus with such people" in the past and recalled the escape of Bhopal gas disaster accused Warren Anderson and Bofors case suspect Ottavio Quattrocchi.

"The then law minister had camped abroad for weeks to help Quattrocchi," he alleged, adding that former IPL boss Lalit Modi also indulged in financial irregularities during the UPA rule before escaping to the UK.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Banks were made to bail out Mallya under UPA rule: BJP

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login