May 11, 2026 08:25 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Big defence boost: India successfully tests advanced Agni MIRV missile | India, Singapore unite for tough action against terror and transnational crime | TVK crosses majority mark with VCK, IUML support | I bow before Bengal: PM Modi’s powerful gesture at Suvendu Adhikari’s oath goes viral | Bengal turns a new page: Suvendu Adhikari takes oath as CM amid massive NDA show of strength | Cloud over Tamil Nadu government formation as Governor asks Vijay to prove majority | 1 Year of Operation Sindoor: PM Modi says it showed India’s firm response to terror | ‘Larger conspiracy ahead of PM Modi’s visit’: BJP on killing of Suvendu Adhikari’s aide | ‘My car was on OLX for sale’: Siliguri owner says number plate used in Suvendu aide assassination may have been cloned online | ‘Pre-planned political assassination’: BJP’s Swapan Dasgupta on Suvendu aide’s killing

New laws to probe assets of people like Vijay Mallya: Arun Jaitley

| | Mar 10, 2017, at 07:29 pm
New Delhi, Mar 10 (IBNS) : Union Finance Minister Arun Jaitley on Friday said that new laws will be framed to probe assets of people like Vijay Mallya.

Addressing the Lok Sabha, Jaitley said old laws might have to be amended, if needed.

Liquor baron Vijay Mallya was accused in a  loan default case involving a staggering amount for which a case has been initiated against him.

Mallya  fled to United Kingdom in 2016.

Jaitley made it clear that the Government will not spare any individual who flees away from the country following  a defaulter case.

However,  Mallya in a tweet on Friday morning urged the Supreme Court to allow him to negotiate the case of default.

"Wish the Hon'ble Supreme Court would intervene and put an end to all this by directing Banks and us to negotiate and settle.We are ready," Mallya tweeted.

Jaitley attacked the opposition Congress, saying the present dispensation is  paying the prices of the previous Government's misdeeds.

He  asserted that the present Government did not help Mallya with a single penny.


Image: Official twitter handle of Arun Jaitley

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.