LONDON: Embattled liquor tycoon Vijay Mallya took to social media on Monday to lament the collapse of Jet Airways and repeated his offer of a "100 per cent payback" for state-owned Indian banks to cover his now-defunct Kingfisher Airlines' debt. The 63-year-old former Kingfisher Airlines (KFA) boss is currently appealing against his extradition order from the UK to India to face charges of fraud and money laundering amounting to an alleged ₹9,000 crores. Now the previously unthinkable has happened with the collapse of Jet," Mallya said on Twitter on Monday. But I am criminally charged by CBI/ED despite offering 100% payback. Here I am offering 100% payback of KFA loans which Banks won't take.

Source: Mint April 29, 2019 11:03 UTC