Parliament panel set to recommend Mallya’s expulsion

The Ethics Committee of Parliament is set to recommend the expulsion of Independent MP and liquor baron Vijay Mallya even after his tendering resignation from the membership of the Upper House. The panel was unanimous in its decision that Mallya, facing a case of loan default of over Rs 9,400 crore, should no longer remain a member of the Upper House and found his reply to its notice unsatisfactory. A motion has to be introduced in the House and approved by it for termination of the membership of any MP.

Mallya had already faxed his resignation to Rajya Sabha Chairman Hamid Ansari a day before Ethics Committee had to take a decision on recommending his expulsion, an issue, which was unanimously in the panel’s last meeting on April 25. In his resignation letter to Rajya Sabha Chairman Hamid Ansari, he said he did not want his “name and reputation to be further dragged in the mud“.

The committee had sought details of the liabilities on Mallya’s airline Kingfisher from 13 banks, which furnished their replies according to which the total liability on Mallya’s company is Rs 9431.65 crore. Of this IDBI’s liability alone is Rs 1687.04 crore followed by Punjab National Bank’s Rs 1223 crore. This is Mallya’s second term in Rajya Sabha and it would have otherwise come to an end on July 1.


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