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Concern over Mallya episode

By Staff Reporter
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GUWAHATI, March 12 - Senior journalist and president of Guwahati Senior Citizens� Association, DN Chakravartty has expressed shock at the lackadaisical attitude of the legal and financial authorities of the country in allowing �new financial monster� Vijay Mallya to stealthily leave Indian shores seeking shelter in Britain.

He voiced surprise that the banks which often refuse a Rs 100-cheque signed by an old customer only for a minor difference in the signature, went out of their way in placating a financial fraud like Mallya.

Mentioning the tragic experiences of young unemployed persons, farmers and small traders who are harassed constantly for non-clearance of dues, Chakravartty questioned how Mallya could manage to escape the notice of the banking authorities while he had been chronically failing to repay his dues.

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Concern over Mallya episode

GUWAHATI, March 12 - Senior journalist and president of Guwahati Senior Citizens� Association, DN Chakravartty has expressed shock at the lackadaisical attitude of the legal and financial authorities of the country in allowing �new financial monster� Vijay Mallya to stealthily leave Indian shores seeking shelter in Britain.

He voiced surprise that the banks which often refuse a Rs 100-cheque signed by an old customer only for a minor difference in the signature, went out of their way in placating a financial fraud like Mallya.

Mentioning the tragic experiences of young unemployed persons, farmers and small traders who are harassed constantly for non-clearance of dues, Chakravartty questioned how Mallya could manage to escape the notice of the banking authorities while he had been chronically failing to repay his dues.

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