In bad times, Mallya's luxury jet awaits a buyer!

May 15, 2016 16:31

Waiting to be auctioned off by tax authorities for recovery of their dues, the erstwhile 'King of Good Times' Vijay Mallya's private luxury jet is reminiscent of his high-flying days -- interspersed with plush sofas, a cushioned bed, bars, showers and even a bathrobe.

The 25-seater has also got portraits of gods inside while the exterior has got names of Mallya's three children -- son and two daughters -- imprinted on the nose of the plane. His own initials 'VJM' form part of the name of the jet.

As banks seek to recover dues worth over Rs 9,400 crore in loans and interest from Mallya's long-grounded Kingfisher Airlines, the Service Tax Department is trying hard to sell off his personal jet to recover its over Rs 500 crore dues.

The Airbus plane, grounded for over three years and gathering dust in a lonely bay at the Mumbai airport, is among the many properties of the businessman that are on the block.

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