The finance minister dismissed it as "factually false" and said Vijay Mallya had accosted him in the corridor of parliament. Let him just accept he did.
The LoC depends on the issuing authority and, unless it asks the BoI to detain a person or to stop him from boarding a plane, no action is taken. I challenge the government to release the video footage from the CCTV cameras of Parliament. This provided the opposition some fodder to target Jaitley and the Congress said that the revelations were an embarrassment to the government.
Kingfisher ultimately had to be grounded in October 2012 under a burden of over Rs 9,000 crore of unpaid loans and several other liabilities including defaults on employee salaries and other payments.
Swamy also claimed that the dilution had been done at a very high level.
Amidst the blood bath, the big question that continues to stick out is who toned down Mallya's look-out notice?
Hitting out at the Congress, she said letters were written to the Reserve Bank of India and State Bank of India during the UPA's rule to help Mallya.
The BJP leader said the Modi government had brought in a law through which defaulters' property can be confiscated. Hours later, he however backtracked and said that there was no formal meeting.
Giving clarification on Mallya's claim, Arun Jaitley on Wednesday said that him meeting Mallya in the Parliament was not a formal meeting. "Finance Minister Jaitley must resign and this should be investigated", he said.
Congress president Rahul Gandhi demanded an immediate investigation into the "extremely serious" allegations and resignation of Mr. Jaitley.
"On 1 March 2016, when I was in Central Hall of Parliament House, I witnessed the finance minister and Vijay Mallya talking. Sometimes it seems the airlines wasn't owned by Vijay Mallya but by the Gandhi family in proxy", Sambit Patra, spokesperson of the Bharatiya Janata Party (BJP), told reporters on Thursday. "In this anticipation, he (Mallya) left earlier", Jaitley had said, adding that "it would have been better had banks started the process earlier".
The 62-year-old former Kingfisher Airlines boss, who appeared before the Westminster Magistrates' Court in a case regarding his extradition to India to face the trial on fraud and money laundering charges, was asked by reporters if he was "tipped off" to leave the country.
Meanwhile, Uttar Pradesh's Shia Central Waqf Board chairperson Waseem Rizvi told ANI that Gandhi and Congress leader Ghulam Nabi Azad had put pressure on him not to complain against Mallya for allegedly encroaching upon a property owned by Shia Waqf Board near Meerut.