I am not an absconder, fully respect the law of land and will comply with it, says Vijay Mallya

NEW DELHI: Businessman Vijay Mallya, who is being chased by various banks of the country for defaulting on repayment of loans, has come out to say that he is not an absconder but an international businessman. “I am an international businessman. I travel to and from India frequently. I did not flee from India and neither am I an absconder,” he tweeted on Friday morning.

Mallya, who built his fortune with Kingfisher Beer and is a guarantor to the debt, left the country last week. Coming out in his defence, he said that as an Indian MP, he respects and will comply with the law. “As an Indian MP I fully respect and will comply with the law of the land. Our judicial system is sound and respected. But no trial by media,” he wrote on Twitter.

A group of banks is seeking to recover over Rs 9,000 crore in loans from Kingfisher Airlines he has been at the helm of and has taken possession of nine trademarks related to the defunct carrier.