Mumbai, Nov 16, 2016: Congress questions ‘mortgage waiver’ to Mallya, different defaulters. Leader of Opposition within the Maharashtra meeting Radhakrishna Vikhe-Patil on Wednesday questioned the central authorities’s resolution to “write off debts of 63 industrialists, together with Vijay Mallya”, and “treachery” of farm loans.
Congress questions ‘mortgage waiver’ to Mallya, different defaulters.
“They introduced farmers and customary folks on the highway within the title of eradicating black cash, and now the general public sector State Bank Of India (SBI) writes off Rs 7,016-crore loans of 63 industrial homes… It is a fraud,” Vikhe-Patil mentioned.
If the government can facilitate the large industrialists on this vogue, then why ought to the farmers be disadvantaged of the same mortgage waiver, he requested as Congress questions ‘mortgage waiver’ to Mallya, different defaulters.
Vikhe-Patil was referring to media stories on Wednesday which claimed that the SBI has written off the dangerous money owed of a clutch of huge and small defaulters, together with the absconder liquor baron Mallya, the founding father of the defunct Kingfisher Airlines Ltd.
He stated if demonetisation is to dig out black cash, then it ought to be utilised to clear off all farmland money owed and the farmers and the frequent plenty should have the primary proper over it when Congress questions ‘mortgage waiver’ to Mallya, different defaulters.
Vikhe-Patil identified that it was throughout this authorities’s tenure that Vijay Mallya defaulted on his loans price hundreds of crores after which fled to London.
“It’s surprising… The attachment means of his properties was initiated lengthy again and there was a risk of recovering some portion of the banks’ dues by auctioning these. Under this situation, how may SBI write off his money owed?” Vikhe-Patil mentioned as Congress questions ‘mortgage waiver’ to Mallya, different defaulters.
Photo Courtesy: financialexpress.com
Congress questions "mortgage waiver" to Mallya, different defaulters