&w=3840&q=100)
Harsh Goenka supports fugitive Vijay Mallya, says justice must be fair
Fugitive Indian businessman Vijay Mallya has claimed that Indian banks have recovered ₹14,100 crore from him. His comments followed a social media post by chairperson of the RPG Group Harsh Goenka, who expressed support for Mallya. The former liquor baron was recently featured on a YouTube podcast, where he presented his version of the story.
Goenka took to X to extend support to Mallya and said, 'Vijay Mallya lived the high life, yes. Defaulted, yes. Unlike most others, his ₹9,000+ crore dues are now reportedly settled. Meanwhile, bigger defaulters walk free with much fatter haircuts from banks. If dues remain, the banks should clearly say so. If not, why is he still a political punching bag? Justice must be fair, not selective.'
Vijay Mallya lived the high life, yes. Defaulted, yes. Unlike most others, his ₹9,000+ crore dues are now reportedly settled. Meanwhile, bigger defaulters walk free with much fatter haircuts from banks. If dues remain, the banks should clearly say so. If not, why is he still a…
— Harsh Goenka (@hvgoenka) June 5, 2025
Thanking Goenka for his speaking in his favour, Mallya too posted a tweet and wrote, 'Thank you, Harsh. The Union Finance Ministry has confirmed in writing that Banks have recovered ₹14,100 crores from me against a DRT judgment debt of ₹6,203 crores. Why the blatant discrimination?'
This comes a day after Mallya, in a podcast, opened up about the decline of Kingfisher Airlines, the allegations against him, among other things, for the first time in nine years. He even issued a rare apology to his former employees, while denying any wrongdoing on his part.
Mallya, who has been living in the UK since 2016, has been fighting his extradition to India, claiming that the banks have already recovered more than what he owed. Mallya was accused of money laundering and defrauding a consortium of 17 banks, including the State Bank of India and Punjab National Bank, among others.
In a submission to the Karnataka High Court earlier this year, the Mallya mentioned that the ₹6,200 crore he owed to Indian banks was recovered multiple times over. He also demanded a comprehensive accounting of the recoveries made from him, United Breweries Holdings Limited (UBHL), and related entities.
'Call me a fugitive, not a thief': Mallya
While speaking to Raj Shamani, Mallya pushed back against the perception of him in the public as a criminal. He said, 'Call me a fugitive for not going to India post-March [2016]. I didn't run away, I flew out of India on a pre-scheduled visit. Fair enough, I did not return for reasons that I consider valid.' He further said, 'So if you want to call me a fugitive, go ahead. But where is the chor [thief] coming from? Where is the chori [theft]?'

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Wire
33 minutes ago
- The Wire
Justice, Speech and Selective Outrage: The Supreme Court's Contempt Dilemma
Menu हिंदी తెలుగు اردو Home Politics Economy World Security Law Science Society Culture Editor's Pick Opinion Support independent journalism. Donate Now Law Justice, Speech and Selective Outrage: The Supreme Court's Contempt Dilemma Rekha Sharma 4 minutes ago The Supreme Court's swift move to initiate contempt proceedings against journalist Ajay Shukla for a critical YouTube video contrasts sharply with the way BJP MP Nishikant Dubey was handled. Nishikant Dubey (left) and Ajay Shukla in the background. In the foreground is the Supreme Court. Real journalism holds power accountable Since 2015, The Wire has done just that. But we can continue only with your support. Contribute now On May 30, a Supreme Court bench headed by the Chief Justice of India initiated suo motu criminal contempt proceedings against Ajay Shukla, a Chandigarh-based journalist, for posting a video on YouTube allegedly containing scathing and scandalous remarks against some senior judges of the Supreme Court. The bench observed that though the Constitution guarantees to every citizen the right to freedom of speech and expression, this is subject to reasonable restrictions and that such a right does not permit someone to defame a judge or bring into disrepute the institution of the judiciary. Having said so, the court directed that the offending video be taken down forthwith. It also asked the Attorney General and the Solicitor General to assist the court on the next date of hearing. Though the video is no longer available, it is widely believed that contain some allegedly objectionable remarks against Justice Surya Kant, who is next in line for the Chief Justiceship, and Justice Bela M. Trivedi, who retired mid-May. It may be stated, at the very outset, that the dignity, majesty and honour of the Supreme Court, or for that matter any court of justice must be protected at all cost by every person including by the Supreme Court itself. That said, fair criticism of a judicial decision and the conduct of a judge – provided it is done in good faith and on accurate facts – also needs to be equally protected. In this background, while no one can question the right and the prerogative of the Supreme Court to initiate criminal contempt proceedings against Shukla, the action taken has given rise to certain questions. Not very long ago, highly objectionable and vicious remarks were made by Nishikant Dubey, a Lok Sabha member of the ruling party, against the then CJI, Justice Sanjiv Khanna. Dubey held him singularly responsible for all the alleged 'civil wars' in the country. He also alleged that the Supreme Court was taking the country towards anarchy. These remarks were not only highly toxic and outrageous, they had the potential to rock the very foundation of our judicial system and erode the people's faith in the judiciary and almost bordered on 'blasphemy'. And yet, even though the fountain head of the judiciary was personally targeted, it neither caused any stir nor a ripple. There was a sphinx like silence. No judge deemed it fit to issue any suo motu criminal contempt notice against the errant MP. It was the Supreme Court Bar Association which raised its voice, and urged the Attorney General to grant consent for initiating contempt proceedings against Dubey. The AG neither on his own nor on the request of the Bar Association has till date given or declined to give his consent. This, despite the fact that he as the first law officer of the country, has a duty to uphold the dignity and majesty of the court of which he is an integral part. It ultimately fell on the lot of Justice Khanna himself to give a befitting response to the likes of Dubey. Though the bench headed by him dismissed a petition which sought contempt action against the MP, he gave a very measured and dignified response to him. Holding that the comments were highly irresponsible and reflected a penchant to attract attention by casting aspersions on the Supreme Court and its judges, he wrote that the courts are not so fragile as flowers to wither and wilt under such ludicrous statements. He further observed, 'We do not believe that the confidence and the credibility of the courts in the eyes of the public can be shaken by such statements'. Kudos to Justice Sanjiv Khanna for such a befitting response. Going by media reports, Justice Bela Trivedi has not been given a farewell by the Supreme Court Bar Association. The CJI is reported to have expressed his disapproval over the decision of the Bar Association, and so has Justice A.G. Masih, who said that tradition must be followed. It is for the first time in the history of the Supreme Court that such a tradition has been broken. The bar, it is said, is the judge of the judges. It is not for nothing that Justice Bela Trivedi has been denied the honour of a farewell by the bar. The question is why did things come to such a pass? It should set both bench and bar thinking. Undoubtedly, a long standing tradition has been broken but, then, judgeship is not a blank cheque. It comes with responsibility. The bar not only helps judges make the justice delivery system work, it also acts as a watchdog. The bar has, by its action, sent a loud and clear message. It is time for judges to remember that they too are under watch. They may, in a given case, fail to grasp some suspected hidden meaning of a column written in English by an Oxford educated professor and leave the job of deciphering it to some police officer, and that too not from a particular state. But if they fail to take action against a minister who made a highly objectionable statement in simple and understandable Hindi, it does raise eyebrows. It is in such matters that the bar has to play its role. And, if it does play its role, there should be no protest. Rekha Sharma is a former judge of the Delhi high court. This piece was first published on The India Cable – a premium newsletter from The Wire & Galileo Ideas – and has been updated and republished here. To subscribe to The India Cable, click here. The Wire is now on WhatsApp. Follow our channel for sharp analysis and opinions on the latest developments. Make a contribution to Independent Journalism Related News Central Hall | Governors Increasingly Acting like Political Agents as Constitutional Morality Erodes 'Same Sex Marriage Not Legalised But Couples Can Very Well Form A Family': Madras HC Indian Astronaut Shubhanshu Shukla-led Mission to International Space Station Pushed to June 10 'Highly Irresponsible': BJP MP Nishikant Dubey Faces Supreme Court Wrath Why the Process of 44 MLAs 'Forming the Government' in Manipur Is Not Straightforward US Supreme Court Rules $1.29 Bn Lawsuit Against ISRO-Owned Antrix to Proceed Modi-Shah Face Dilemma As Their Stormtroopers Cross All Limits of Propriety The Arrest and Trial of Professor Azaan M Free Speech on Eggshells: What the Ali Khan Mahmudabad Case Signals for All of Us About Us Contact Us Support Us © Copyright. All Rights Reserved.


India.com
38 minutes ago
- India.com
Meet Kishin RK, Indian CEO who bought his first home at age 12, started business at 18, now is Singapore's youngest billionaire, his net worth is Rs…, business is…
At just 42 years old, Kishin RK has become Singapore's youngest billionaire in 2025. He is the CEO of RB Capital Group, a major real estate company. Though he is the only son of well-known Indian-origin property tycoon Raj Kumar Hiranandani, Kishin's success is not just about family wealth. His story is about taking bold steps and building his own path in the real estate world. A very early start in real estate Kishin's journey in property began when he was just 12 years old. With his father's help, he bought his first property. By the time he turned 18, he sold an apartment his parents had gifted him and used the money to start RB Capital in 2006. That was the moment he began his own business journey. Today, RB Capital owns some of the most valuable hotels, offices, and shopping centres in top Asian cities. Real estate was always his true passion Kishin once thought about working in finance or the food business, but real estate always drew him back. In an interview with Tatler Asia, he said that while other jobs sounded interesting, the idea of building something long-lasting in real estate was far more exciting. Family legacy to building his own real estate empire Though Kishin RK was born into a successful real estate family, he always aimed to build his own identity in the industry. His father's company Royal Holdings being a well-known name in Singapore and instead of simply continuing what his family had already done, Kishin wanted to do something different. When he founded RB Capital, his focus was not just on buying properties but it was about creating new. This fresh approach helped him stand out and gave RB Capital a unique place in the real estate world. Under Kishin's guidance, RB Capital has developed several impressive commercial and hotel properties, including popular places like the InterContinental Singapore Robertson Quay and Holiday Inn Singapore Little India. Key turning point Kishin officially joined the family business in 2003, but a major shift happened in 2011, when his father and uncle split their real estate assets. After that, Kishin and his father teamed up and built a powerful partnership. Together, they now manage a portfolio worth nearly USD 10 billion, making them one of the strongest real estate duos in Singapore. In 2024, they took their ambitions beyond Singapore by launching a family office in Abu Dhabi, called the RB Family Office. This new base helped them grow their investments across the Middle East. Kishin RK's net worth According to Forbes 2025, Kishin RK has become Singapore's youngest billionaire, with an estimated individual net worth of USD 1.6 billion. He is the only son and heir of Raj Kumar Hiranandani, a respected Indian-origin real estate tycoon. Forbes also reports that together, Kishin and his father Raj Kumar now hold a combined net worth of around USD 3.15 billion, making them one of the most influential real estate families in the region.


NDTV
41 minutes ago
- NDTV
UAE Launches New Digital System To Simplify Work Permits For Foreign Workers
In a significant initiative set to benefit thousands of Indian job seekers, the United Arab Emirates (UAE) has rolled out a new digital service aimed at making the recruitment process for foreign workers faster and more efficient. The initiative is part of the country's broader push towards digital transformation in public services. The Ministry of Human Resources and Emiratisation (MoHRE) announced that employers can now apply for work permits directly through its official website or mobile application. This new system replaces manual procedures with an updated, streamlined platform designed to improve accessibility and reduce processing time. According to a report by Gulf News, the digital platform will allow companies to select a bundled service package that includes the job offer, employment contract, and initial work permit approval. Employers can also receive real-time updates based on the availability of employment quotas and preferred notification types. For applications submitted through business service centres, digital signature verification will be required. However, this step will not apply to users submitting applications through the smart app. One of the key enhancements in the system is the use of artificial intelligence (AI) for document verification. Employers will need to provide key details such as salary, working hours, and job location, along with uploading relevant documents. In cases where applications are filed through business centres, applicants' identity details will be verified using ID card readers. Once all necessary information and documents are submitted, employers can review the application and proceed to the payment phase. The move is expected to make the process of hiring overseas talent - especially from countries like India - significantly smoother. Cities such as Dubai, Abu Dhabi, and Sharjah already host a large Indian workforce, and the latest reforms could open the doors for many more.