Vijay Mallya : The King of Good Times

Vijay Malllya has offered to settle the issue on multiple occasions. His latest offer -

In my opinion settlement will be done once the following objectives are met-

1. He agrees to pay as per governments calculations and not his own calculation. As per indian government he was to pay 9000 crores to banks however as per his last offer, he wanted to settle the issue by paying 4000 crores. Indian government has spent lot of amount in the attempt of extradition process too. He may be asked to pay that too.
2. Government would also want to trap a few bureaucrats who were involved in helping him get the loan and flee.
3. He is a big fish, government will try to establish his links with congress.
4. Government also wants to deliver a message that it’s not that easy to run from India as it was a few years back. It will be a good and clear message to some loan holders who may be next in queue of running. They cant run and then get away by paying later.
5. Bringing him to India and then getting arrested by police will be a better political game as compared to only getting the money. If government will feel, its becoming difficult to get him back, they will settle.

Overall, the government is currently in driver’s seat. They will take full advantage of the situation and then take the money too.

Imagine Mallya being arrested in London and then brought to India on an Air India flight and then being sent to court and then Tihar Jail. How much recognition do you think government is going to get. They deserve that recognition by the way. It was never an easy task and still it isn’t.

Thanks for reading.