Vijay Mallya, the King of Good times ran away to the UK without paying off the loans to banks, salaries to employees, dues to creditors. He misused the loans fraudulently and appropriated for self. Furthermore, he indulged in the offence of money laundering. He became fugitive from justice. He was charge sheeted in the special court, he was convicted. The Enforcement Directorate recovered nearly RS 8000 crores by attaching and selling off his properties. He will have to serve jail terms once he lands in India.
On the other hand, Gautam Adani continues to be wealthy, he is 21st wealthiest person in the world. He hasn’t lost cash. His companies are performing well. He has already prepaid loans due in September, 2024 to the tune of over 1 billion US$. He is in India at his Ahmedabad home. There’s no bank default or any criminality. He is running the airports, p[orts, thermal stations efficiently. No employee is thrown out like in many American multinationals including Amazon. He is complying with SEBI rules. He is maligned without any basis for political gain by the Congress and Rahul.
