Politics

PM Modi strikes at Liquor Baron Vijay Mallya! UK Court gives order to sell 6 posch cars in order to pay Rs 10,000 crore that he owe to consortium of Indian banks

The times ahead for the fugitive business tycoon Vijay Mallya seems not easy .What could be called a big victory for India and a setback to the former airline tycoon the UK Court has ordered to sell the six old posh cars of the tycoon in order to pay Rs 10,000 crore that he owe to consortium of Indian banks.

The bench headed by Justice Cockerill at the London High Court issued an order dated October 11 stating that high court officers are “at liberty to sell” his cars.In the cars to be sold there are four cars with personalized number plates using his initials VJM, including one being a Porsche with the James Bond-esque number plate ‘0007VJM’

The cars that UK court has ordered to be sold include his 2016 Mini countryman, his 2012Maybach 62 registration number ‘VJM1’, his 2006 Ferrari F430 with registration ‘BO55 VJM’ which clearly means Boss Vijay Mallya, his 2014 Range Rover registration ‘F1VJM’ (clearly indicating his former ownership of Force India formula 1 team), a Ferrari F512M and a Porsche Cayenne with the number plate 0007VJM, evoking James Bond. The court order stated that these cars should not be sold less than $404,000

Apart from this the London High Court has given permission to Enforcement Officers to enter Vijay Mallaya’s two UK homes to search for and take control of goods belonging to him. This order came after Vijay Mallya lost a case in the High Court against the registration of the Bengaluru Debt Recovery Tribunal (DRT) judgment in UK Court.

Few days back, in India, Delhi Patiala House Court has also ordered the seizure of liquid baron’s properties in Bangalore in a case related to violation of FERA norms.

These absconders might have thought that they will keep on getting privileges now also as they used to get under the leadership of Congress Government. They though they will be able to escape from the law and clutches of Government after running to foreign nation but they failed to understand it is not the Congress era where they were supported by the party. It is Prime Minister Modi’s era who will bring them back from anywhere and they had to pay back the nation’s money which have looted

It is also a tight slap on all those faces who keep on shouting at and blaming PM Modi Government for providing a helping hand to fugitive liquid baron Vijay Mallya. They should open their eyes and should clearly watch out; It is PM Modi Government which is taking action against absconders like him


Source: TimesofIndia


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