Vijay Mallya, the fugitive businessman, has sparked a fresh controversy by claiming that banks have recovered more than twice the amount he owed. In a recent social media post, Mallya stated that banks have recovered ₹14,131.60 crore from him, whereas the Debt Recovery Tribunal had adjudged the Kingfisher Airlines (KFA) debt at ₹6,203 crore, including ₹1,200 crore of interest.
His remarks came following a statement by Finance Minister Nirmala Sitharaman in Parliament about recovery of over ₹14,130 crore from his attached assets.
In a series of posts on X, Mallya argued that unless…