House panel wants Vijay Mallya expelled now, says example needs to be set
"I have no faith that in the current climate prevailing in the country that I will get any justice even at the hands of my colleagues," says Mallya.
Mallya, who submitted his resignation on May 3, was bitter in his letter to the House panel.
“Since I do not want my name and reputation to be further dragged in the mud and since recent events suggest that I will not get fair trial or justice, I am hereby resigning as a member of Rajya Sabha with immediate effect.”
In his letter to the House panel, Mallya said that he has been targetted by the media and is disappointed by fellow collegues.
"That I am facing trial by media and a lynch mob mentality is all too apparent,” he wrote. "I have no faith that in the current climate prevailing in the country that I will get any justice even at the hands of my colleagues."
Agree Kingfisher Air owes money to Banks.I am neither a borrower or a judgement debtor.Why am I a defaulter inspite of a settlement offer ?— Vijay Mallya (@TheVijayMallya) May 2, 2016
The panel, however, turned down Mallya's letter, saying an example needed to be set. "Having considered the whole matter, including Mallya's letter, the Committee of Ethics unanimously decided to recommend to the House that Vijay Mallya be expelled with immediate effect. The committee adopted draft report to that effect. The panel hopes that by taking such a stern action, a message would reach to the general public that Parliament is committed to take such steps as are necessary against erring members to uphold the dignity and prestige of this great institution," the panel said in a letter to the Rajya Sabha.
The committee had sought details of the liabilities on Mallya's airline Kingfisher from 13 banks, which furnished their replies according to which the total liability on Mallya's company is Rs 9431.65 crore. Of this IDBI's liability alone is Rs 1687.04 crore followed by Punjab National Bank's Rs 1223 crore.
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This is Mallya's second term in Rajya Sabha and it would have come to an end on July 1.
The committee decided to crack the whip on the ground that Mallya never declared these liabilities in the past 10 years, which a member is supposed to do annually.
In a step closer to initiating his deportation, the government had over a week ago revoked the passport of Mallya who is believed to be in the UK after leaving India on March 2.