Vijay Mallya Speaks real truth behind Kingfisher airlines and the UB Group after 9 year! |Vijay Mallya Podcast with Raj shamani
Vijay Mallya Speaks real truth behind Kingfisher airlines and the UB Group after 9 year! |Vijay Mallya Podcast with Raj shamani .
The Main Points of this big conversation was:
1. "I'm not a thief... you can call me a fugitive"
Mallya admitted he might be termed a fugitive for not returning to India after March 2016 (when he flew out on a scheduled trip), but firmly denied being a "chor" (thief). He challenged critics: "Where is the chori?"
2. Conditions for returning
He expressed willingness to come back, only if given assurance of a fair trial and "dignified existence." He cited UK High Court findings that Indian detention conditions can violate human rights.
3. Apology to Kingfisher staff
Mallya issued an uncommon apology, expressing regret to former employees over unpaid salaries and blamed the 2008 financial crisis and court-imposed restrictions for King's collapse.
4. "Ease of doing business" is a myth
He emphasized that bureaucracy and political interference ("in the Indian DNA") plague Indian business, claiming he had to stay in good terms with 29 Chief Ministers to operate his empire.
5. "Loneliest day" and life in semi-retirement
Reflecting on his nine-year exile, Mallya called his current phase "semi-retirement", admitting life slowed down and revealing moments of profound loneliness.
6. Beyond headline claims: assets, legacy & philosophy
He defended that he has repaid/settled loans far exceeding the ₹6,200 crore judgment against him, claimed banks recovered over ₹14,000 crore.
Mallya opened up on his flamboyant upbringing, strategy, relationship with his father, and why he regrets starting Kingfisher in the first place.
Tags:-
Vijay Mallya
Kingfisher Airlines
Raj Shamani Podcast
Business in India
Indian Entrepreneurs
Fugitive Businessmen
Financial Scandals
Ease of Doing Business
UB Group
Indian Economy
Corporate Controversies
Viral Podcasts
Celebrity Interviews
Business Lessons
Motivation & Mindset
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