Discover and read the best of Twitter Threads about #VijayMallya

Most recents (5)

Of Rs 18170 Cr worth of assets attached,Rs 9371Cr will be transferred to PSBs

This is a huge achievement,thx to Fugitive Economic Offenders Act,brought in by @narendramodi that gives banks power to monetise assets of fugitives,who fled India

#VijayMallya #NiravModi #MehulChoksi
.@INCIndia used to evergreen bad loans which means,once a loan came up for repayment,terms of repayment were changed repeatedly, due to which repayment kept getting postponed

This happened with full blessings of @PChidambaram_IN&Co

#ZombieLoans by Congress wrecked India's banks
Zombies are firms with interest coverage ratio of less than one;it is ratio of a firm’s profit after tax to its total interest expense;Such firms cannot meet interest obligations from their income

Share of #ZombieLoans rose from 5% in 2007 to 27% in 2014,under corrupt #Congress
Read 4 tweets
Supreme Court bench led by Justice UU Lalit to shortly hear SBI's recovery petiton where extradition status of fugitive billionaire, Vijay Mallya will be communicated
Solicitor-General Tushar Mehta: Can I screen share the instructions i have recieved

Supreme Court: Yes please
SG Mehta: Under UK law extradition cannot take place unless he is absolved of any pending case. Her Majestys government is trying to expedite the case pending there. In December 2020, @DrSJaishankar raised the issue with foreign secretary. We are trying our best
Read 4 tweets
Well, doing Video is a lot time consuming, and I wish to add two shares in the #MultiBaggers 👇🏿 as I believe 3-5x over next couple of years in these, if not before ...

1. Yes Bank Ltd.
2. J&K Bank Ltd.

Disclaimer: I am or have been invested in all the shares recommended ⬇️⬆️ Image
Going further than above, ☝️ Bought #VishalFabrics today at the LC @ ₹101.70. Company is back into profit in Q-II 2020 ... 52W High is ₹372 and 3Y High is ₹703 .... And Coy announced 1:2 Bonus on 4/12/2020 with record date of 16/12/2020 😇 #HopeIAmRight 😊 Image
Bought #JumpNetwork today on #LC #LowerCircuit @ ₹16.80 ... Coy showed profits for last two quarters after significant losses last year. Can hope a #Turnaround here ... #HopeIAmRight 😇 (Disclaimer: #InvestAsMuchYouCanAffordToLose in any stock) 😊 Image
Read 33 tweets
The one big argument most of my family #Modifans and #Bhakts advanced ever since 2014 was that the system was rotten to the core under UPA-2 and that Mr Clean, #56inches would sweep things up and introduce #RealReforms.
When #LalitModi/#VijayMallya/#NiravModi/#MehulChoksi fled with vast sums missing, the banking mess was blamed on UPA-2 excesss, the clean up a)would bring out more dirt; b)take a bit longer - that was the story. When #RaghuramRajan quit, he was held to blame for part of the mess.
Urjit Patel was made @RBI governor and #ViralAcharya was brought in from US academia as Dy Gov. One after the other, these 2 economists also saw that ModiSarkar was all bluster and bluff, all spin and little substance, they too walked. Now, they have spilled the beans.
Read 7 tweets
A@kar Ahmed Patel better known as @Aakar__Patel. His wife was the PS of #VijayMallya. So is it possible that @amnesty already knew about the loan fraud in advance or was involved in the same ? The loan was given in 2004 & Mallya declared NPV in 2009.
Is it possible that #GeorgeSoros had any roles to play in 2005 Mau ri0ts or 2006 Vadodara Ri0ts or 2006 Lucknow ri0ts or 2008 Madhya Pradesh Ri0ts !

Just a hunch - but it was after all a whooping 8,040 crores !

But Worth giving a deep thought after joining the dots & crosses !
declared NPA* in 2009.
Read 3 tweets

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