I've become 'Poster Boy' of bank default: Vijay Mallya

Updated:7 years, 4 months ago

New Delhi, Jun 26 (ANI): Breaking silence over the controversy surrounding him of defaulting on bank loans to the tune of Rs 9,000 crores, liquor baron Vijay Mallya claimed that he had been falsely framed as the "poster boy of bank default and a lightning rod of public anger". Mallya also said that the reason behind making the letter public, which he wrote to Prime Minister Narendra Modi and Union Minister Arun Jaitley in April 15, 2016, is to set things in the right perspective. However, according to him, he did not receive any response from either of them. He also claimed that all loans, "at all times", were duly approved at the appropriate levels and by the appropriate departments of each bank.