public funds were used to bail out state-owned Air India +@kiranshaw @NafisaJoseph if my lifestyle was lavish it was for two decades before KFA was even born. — Vijay Mallya (@TheVijayMallya) January 28, 2017I begged for help.Not for loans but policy changes-declared goods status for fuel,flat rate of state sales tax instead of ad Valorem,FDI etc— Vijay Mallya (@TheVijayMallya) January 28, 2017And KFA being the largest domestic Airline was the worst hit. Government bailed out Air India but did not bail out KFA.So much for "favours"— Vijay Mallya (@TheVijayMallya) January 27, 2017Was interrogated by CBI and submitted documentary evidence.Not one Rupee was misused.On the contrary we invested over 4500 Crs into KFA. — Vijay Mallya (@TheVijayMallya) January 27, 2017NEW DELHI: Squarely putting the blame for collapse of Kingfisher Airlines (KFA) on the then government's policies and economic conditions, troubled liquor tycoon Vijay Mallya has said, but not the then "largest domestic airline".Defending himself in a string of tweets, Mallya said all he sought was help related to policy change and not loans, questioning "public funds given to Air India". Government bailed out Air India, but did not bail out KFA.

Source: Times of India January 28, 2017 07:07 UTC