Fugitive businessman Vijay Mallya, demanding an “accurate statement” of the recoveries made from him, said the Indian public sector banks should be “ashamed”. Mallya had earlier too demanded to know how the banks arrived at the figure of Rs 14,000 crore, stating that it was more than the default amount. Advertisement

“The Indian Public Sector Banks who claim monies from me as a guarantor should be ashamed that they have not yet submitted an accurate statement of account of recoveries made despite the Union Finance Minister clearly stating that Rs 14,100 crores have been restored to the very same Banks,” said Mallya. He is referring to Finance Minister Nirmala Sitharaman’s statement to the Parliament last year when she said that banks recovered Rs 14,131.60 crore from Mallya.

The Indian

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