I spent 14 hours reading Vijay Mallyaās case so you donāt get āmanipulatedā by a podcast!
Mallya wants you to believe heās the victim, and if you saw his podcast, itās justified to feel that way.
Iām actually glad the episode aired. Because now, we finally get to hear the other side.
But a 4-hour episode canāt erase 14 years of evidence, two sovereign courts, and an entire countryās pursuit of accountability.
Here are the facts btw:
1. The real default was far beyond ā¹6,203 Cr
The actual loan default was much bigger than what Mallya admits, Kingfisher Airlines borrowed ā¹9,000+ crore from 17 public sector banks.
These were restructured twice over a decade, by the time the airline collapsed, unpaid dues snowballed with interest, penalties, and legal defaults.
2. Yes, for that, Mallya offered to pay āeverythingā.
What he offered was ā¹4,000 crore, when the banks were chasing over ā¹9,000 crore.
Meanwhile, during this period, employees went unpaid, vendors shut operations, and public money sat locked in NPA accounts.
If thatās his idea of justice, imagine what yours would look like if you tried to settle your home loan at 45%.
3. Personal lifestyle ā Personal funds
Mallya argues he used āhis own moneyā for IPL teams, Formula 1, and luxury events. But when the airline was sinking, staff unpaid, airports owed crores, and vendors abandoned?
CAG reports, IT filings, and banks all show how money kept moving through complex cross-holdings within the UB Group, some of which blurred the line between personal wealth and corporate dues.
If you donāt want the public to confuse your lifestyle with public default, donāt fly hybrid dogs in private jets while 1,500 people are owed salaries.
4. Why did it take years of litigation and international diplomacy to get this money back?
Because Mallya did everything he could to delay the process:
> Challenged extradition in the UK for years.
> Filed appeals at every stage of enforcement in India.
> Fled from a trial and then spun a media narrative: āIām being hunted unfairly.ā
The truth is, the Indian government didnāt act too harshly. It acted too patiently.
Conclusion:
Mallya runs with the publicās money, tries to rewrite history when it suits him, and expects to walk away as the victim.
DRT passed a binding recovery order.
Courts across two countries called him a fugitive.
The Enforcement Directorate traced every shell and every transfer.
So no, Mr. Mallya, you're not a misunderstood patriot or a scapegoat.
And no, we donāt owe you an apology. If anything, you still owe us a few answers.
What do you think?
Mallya wants you to believe heās the victim, and if you saw his podcast, itās justified to feel that way.
Iām actually glad the episode aired. Because now, we finally get to hear the other side.
But a 4-hour episode canāt erase 14 years of evidence, two sovereign courts, and an entire countryās pursuit of accountability.
Here are the facts btw:
1. The real default was far beyond ā¹6,203 Cr
The actual loan default was much bigger than what Mallya admits, Kingfisher Airlines borrowed ā¹9,000+ crore from 17 public sector banks.
These were restructured twice over a decade, by the time the airline collapsed, unpaid dues snowballed with interest, penalties, and legal defaults.
2. Yes, for that, Mallya offered to pay āeverythingā.
What he offered was ā¹4,000 crore, when the banks were chasing over ā¹9,000 crore.
Meanwhile, during this period, employees went unpaid, vendors shut operations, and public money sat locked in NPA accounts.
If thatās his idea of justice, imagine what yours would look like if you tried to settle your home loan at 45%.
3. Personal lifestyle ā Personal funds
Mallya argues he used āhis own moneyā for IPL teams, Formula 1, and luxury events. But when the airline was sinking, staff unpaid, airports owed crores, and vendors abandoned?
CAG reports, IT filings, and banks all show how money kept moving through complex cross-holdings within the UB Group, some of which blurred the line between personal wealth and corporate dues.
If you donāt want the public to confuse your lifestyle with public default, donāt fly hybrid dogs in private jets while 1,500 people are owed salaries.
4. Why did it take years of litigation and international diplomacy to get this money back?
Because Mallya did everything he could to delay the process:
> Challenged extradition in the UK for years.
> Filed appeals at every stage of enforcement in India.
> Fled from a trial and then spun a media narrative: āIām being hunted unfairly.ā
The truth is, the Indian government didnāt act too harshly. It acted too patiently.
Conclusion:
Mallya runs with the publicās money, tries to rewrite history when it suits him, and expects to walk away as the victim.
DRT passed a binding recovery order.
Courts across two countries called him a fugitive.
The Enforcement Directorate traced every shell and every transfer.
So no, Mr. Mallya, you're not a misunderstood patriot or a scapegoat.
And no, we donāt owe you an apology. If anything, you still owe us a few answers.
What do you think?
