28 October, 2020

"The Government Ensured That Mallya Collapsed"

Capt G.R. Gopinath who started India’s first budget airline Air Deccan which he sold to Vijay Mallya on the Kingfisher fiasco

Photo by Nilotpal Baruah/Outlook Archive
"The Government Ensured That Mallya Collapsed"
outlookindia.com
2016-03-25T12:20:38+05:30

Capt G.R. Gopinath started India’s first budget airline Air Deccan, which he sold in 2007 to Vijay Mallya. Gopinath has had his disagreements with the tycoon over the airline’s famed low-cost business model before parting ways. “It’s not in good taste to hit a guy when he’s down, whatever may be the faults,” he tells Outlook. Edited exce­rpts from his conversation with Ajay Sukumaran:

How do you see the Kingfisher fiasco?

The basic fact has been mistakes...imp­rudent decisions...bad decisions, it could be various things. There are two iss­ues, one is bad business decisions and the other one is an investigation into an allegation of fraud. The investigation should go on and people should not prejudge the situation. The investigation was ordered over a year ago and whether there is a fraud or not, only an investigation can tell you.

The kind of hounding by the media has probably driven him out of the country. The way it is being put out is that Vijay...

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