Mon, 05 Sep 2016
Vijaya Mallya is absconder
Shri Jairam Ramesh said Mr. Vijay Mallya borrowed Rs. 9,000 Crores from the
Banks and he has been declared a defaulter - rightly so his passport has been
revoked - rightly so because of the pressure of the Opposition, because of the
Media pressure and because of the Supreme Court, Government was forced to act
on Mr. Vijay Mallya. Mr. Vijay Mallya like Mr. Lalit Modi is an absconder and
he should be brought back to India.
same time, there is a Company in Gujarat Gujarat Government owned Company
called GSPC Gujarat State Petroleum Corporation - which has borrowed Rs. 19,700
Crores from 15 Banks. It has to repay the Banks annually Rs. 1,800 Crores in
terms of interest alone and its income before interest every year is hardly Rs.
80 Crores. These are all numbers given in the CAG Report. This is a Scam of unprecedented
proportion Rs. 19,700 Crores was borrowed from 15 Nationalized Banks, no Gas
was discovered 11 years have gone by Prime Minister who was then the Chief
Minister said that this will be India’s richest Gas find.
contention is that this scam could not have taken place without the full
knowledge or involvement of the Gujarat Chief Minister. Action should be taken,
there should be an enquiry, where has the money gone, how Rs. 19,700 Crores
have been used and why after 11 years, the KG Basin of GSPC remains a dud
investment after Rs. 19,700 Crore were the borrowings.
issue was on Uttarakhand - Today the Rajya Sabha did not run because we raised
the issue of the murder of democracy in Arunachal Pradesh and in Uttarakhand
but we gave notice for a discussion on Drought which the Chairman has agreed on
Wednesday. We will have a discussion on the Drought situation but the issue of
Uttarakhand, murder of democracy remains on our agenda and there are no
prospects of the Parliament functioning formally till this issue is settled.
This is a
deliberate attempt on the part of the Government that before Parliament meets;
they do some ‘Hungama’ or the other in order to ensure that Parliament does not
function and does not run. Uttarakhand is an example of this. Monday, 25th,