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Vijay Mallya alleges witch-hunt by media, says he has never borrowed any loan from banks
Vijay Mallya, who owes alomst Rs 9000 crores to banks and has refused to return to India has accused media of witch-hunt and of holding him guilty without trial.

The former boss of now defunct Kingfisher Airlines took to Twitter to express his 'innocence' and the 'witch-hunt' against him by the media. He also said that the reports about him having fled from the country are completely misplaced.

"In our Country I assumed that innocence prevails till proven guilty. Media have convicted me guilty without trial with widespread influence. Till this minute there is no final judicial determination on what KFA owes to Banks and what I may owe in my personal capacity after trial," Mallya wrote on his Twitter account.

In what might seem ironical, he has refused that he has even taken any loan from the banks.

"Yet it is reported that I have fled or run away owing money to Banks that I never ever borrowed in the first place," Mallya said.

This comes after the Securities and Exchange Board of India (SEBI) barred Mallya and six officials of the United Spirits Ltd (USL) from trading in the securities market.

The order restrained them from "accessing the securities market and prohibited from buying, selling or otherwise dealing in securities in any manner whatsoever, either directly or indirectly".

Mallya is facing a probe by the CBI. The CBI had filed a charge-sheet in the case in a special court in Mumbai. Following the charge-sheet, the former chairman of the IDBI bank, four other ex-officials of the same bank and four former executives of Kingfisher Airlines were arrested in connection with the case.

The probe has found that the IDBI officials had overlooked many commissions while sanctioning the loan to the tune of Rs 1300 crore to Kingfisher Airlines.

Talking about the probe, Mallya tweeted, "CBI alleges diversion of funds OUT of Kingfisher Air. Sebi alleges diversion of funds from USL INTO Kingfisher Air. What joke is this?"

He further said: "Allegations of fund diversion out of USL are baseless. USL accounts were approved by top auditors, an eminent Board of Directors n (sic) shareholders.

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