Fugitive liquor baron and industrialist Vijay Mallya on Wednesday offered to pay back the full amount of the principal loan he owed various banks. In a series of tweets, Mallya said, "Airlines struggling financially partly because of high ATF prices. Kingfisher was a fab airline that faced the highest ever crude prices of $ 140/barrel. Losses mounted and that's where Banks money went. I have offered to repay 100 % of the principal amount to them. Please take it." All this and more on MyNation in 100 seconds.
Fugitive liquor baron and industrialist Vijay Mallya on Wednesday offered to pay back the full amount of the principal loan he owed various banks. In a series of tweets, Mallya said, "Airlines struggling financially partly because of high ATF prices. Kingfisher was a fab airline that faced the highest ever crude prices of $ 140/barrel. Losses mounted and that's where Banks money went. I have offered to repay 100 % of the principal amount to them. Please take it." All this and more on MyNation in 100 seconds.
