The King of Good Times, now known as the Baadshah of bad loans, flamboyant tycoon, business traveler extraordinaire and let’s not forget a sitting parliamentarian who has had consecutive terms in the Rajya Sabha, and the latest in the long list of honorifics is “wilful defaulter” given to him by the same banks who in their own words kept giving him loans that was akin to throwing some good money after bad.
The Mallya issue has been talked about discussed threadbare and the numbers and reasons for his exit being taken apart by a largely indignant media, column inches, airtime and constant demands for Mallya’s comeuppance have dominated the headlines for the past three days. And after the inevitable political blame-game started, now slowly out of the woodwork come politicians, one after the other battling for Mr Vijay Mallya.
If Farooq Abdullah saw nothing wrong in what Mr Mallya has done and is doing, then former Prime Minister Deve Gowda today stoutly defended Mallya, saying that he was a son of the soil and businessman who might have made some business mistakes. Now it’s not surprising to many given the fact that Mallya has been a well connected tycoon who has enjoyed the support and patronage of politicians across the political spectrum going way back to even before the UPA regime.
The question really is: Whether by blaming the media for an alleged witch-hunt or by playing down Mr Mallya’s suspect actions in various cases being investigated by the ED, CBI, DRT, not to mention also being probed by service tax authorities, are politicians unwittingly revealing the special status that Mr Mallya, a suspect in financial cases enjoys? Does this defence of his murky and convenient exit from India also blow the lid on the worst kept secret in India: That is if you are powerful, connected, and influential, no matter the scale or vastness of your “misdemeanors” the law will make a special exemption for you?