The fugitive businessman Vijay Malia rejected the demands of the “ease of doing business”, and described the regime as a deep bureaucracy, politically driven, and mainly hostile to institutions.
Speaking of Podcast Raj Shamani, the organizational environment of India was financially described as “extremist”. “There is no ease in doing business in India,” he said. “It is in the Indian DNA. Regardless of what the state or the federal government might say, there are bureaucratic and political obstacles along the way.”
Mali said that he must maintain favorable relations with 29 state governments, each of which has its own alcohol policy. “I had to be in good books with 29 prime ministers,” he said. He also described the elections as a time to pressure, claiming that the politicians saw the alcohol industry a cash cow for the campaigns.
He said: “Sometimes these aspirations were completely unreasonable and practical.” “During the elections, I will leave the country to avoid reaching it.”
When asked about transactions under the table, it was financially evasive: “I will not confirm or deny that … I think you know India as I know India.”
Malia fled to the United Kingdom in 2016 after the Indian government canceled his passport amid allegations of financial misconduct. “My freedom has ended the day they took my passport,” he said. Now in London and combating delivery, it has been reflected on how his lifestyle changed. “It is not a matter of life and death … but life has shrunk in several ways.”
Regarding the possibility of returning to India, he said: “If you are completely reassured (from a fair trial), I will think about it seriously.” He pointed to the statement of the Ministry of Finance claiming that 14,100 rupees have been recovered – more than twice the ruling of the debt court with a value of 6,203 rupees – and asked, “If you defraud banks, how did the government recite a lot?”
Malia also talked about social isolation, saying that many political contacts and previous companies have distanced themselves. “One of the politicians told me,” if we see with you, this government will come after us. ”
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Among the few who remained in touch, the founder of Biocon Kiran Mazumdar-Shaw appointed as “like a sister”.
He said: “In difficult times, you learn who your true friends are.”
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