Methinks this Sultan of Selangor does too much AGAIN!

'King of the good times' facing $1b debt

November 15, 2011 - 4:12PM

Paying court to the "King of Good Times". Photo: Reuters

The party may be over for India's "King of Good Times", Vijay Mallya, the flamboyant tycoon whose Kingfisher Airlines is threatened with collapse.

Mr Mallya's billionaire lifestyle has been a symbol of India's soaring fortunes since he launched his airline in 2005, and a factor in his reputation as "India's Richard Branson".

He owns a fleet of luxury vintage cars, bought his own Formula One racing team, Force India, sails a $100 million yacht in the Arabian Sea, and hand picks "models" as hostesses for his Kingfisher Airlines.

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Fast cars and luxury yachts ... once the playthings of Vijay Mallya. Photo: Reuters

Other models adorn the glossy pages of his Kingfisher Calendar while the garden of one his luxury homes is said to feature a life-size statue of the Bollywood actress and Big Brother star Shilpa Shetty.

Three years ago, Kingfisher Airlines launched a Mumbai to London Heathrow service to much fanfare, which has been followed up with a Delhi to London flight.

His acquisitions have included Britain's Whyte and Mackay distillers, which make the Dalmore and Jura single malt whiskies, and the French winemaker Bouvet-Ladubay, one of the world's largest producers of sparkling wine.

But today the "King of Good Times" appears to have lost his touch as the airline that lent glamour to his otherwise portly, primped appearance has nosedived under mounting debts.

Both private banks and government officials have ruled out a rescue package for India's second largest carrier. Kingfisher is reported to owe more than $1 billion in loans to Indian banks and is losing key staff as salaries go unpaid.

Travel agents are now advising passengers to boycott the airline in favour of rivals after a slew of cancelled Kingfisher flights.

Signs that Mr Mallya's debt crisis was mounting emerged earlier this year when he announced he was closing the low-budget Kingfisher Red airline to focus on a "full-service" operation.

But fears for the airline have intensified amid increased flight cancellations.

Last month, Mr Mallya put on a brave face to announce a deal for a rival tycoon to become an equal partner in Force India in exchange for a £60 million investment on the eve of India's first Grand Prix.

Leading Indian business figures said last night that they had sympathy for Mr Mallya, but it was a symptom of India's wider growth story.

Gopichand Hinduja, of the London-based Hinduja Group, said Mr Mallya had been a good brand ambassador for India, and that it was unfortunate Kingfisher had hit problems just as doubts over the country's "growth story" had halted major foreign investments.

He said airlines such as Kingfisher were key strategic assets for Indian business and tourism but all but a few were losing money because of high fuel prices and taxes.

The government should rescue the whole airline industry, he said.

"Vijay Mallya is a good friend of my family and has always presented India well. There should be a policy which can help with loan repayments," he said.

Subodh Agrawal, the London-based merchant banker who finances Indian takeovers, said while Mr Mallya might be flagging now, he believed Kingfisher's cancellations were part of a strategy to reconfigure his airliners and complete his withdrawal from the loss-making low-cost flight sector.

"India is going to suffer, but it isn't a story which has gone bad. In the long run the growth potential is huge. It is a smart move by Mallya to get out of low cost airlines," he said.

The "King of Good Times" would be back, he added.

Telegraph, London

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The way UMNOputras and Sultans are skimming our money, we do curse and pray that Allah will show them the way similar to Vijay Mallya.

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Methinks this Sultan of Selangor does too much AGAIN!

Delusion of Grandeur

The fixed, false belief that one possesses

superior qualities such as genius, fame,

omnipotence, or wealth. Can be a symptom

of paranoid or manic disorders (and

sometimes dementia). People with this

disorder also have a taste for the finer,

more extravagant things/actions. This

disorder is commonly known as megalomania.

Sometimes drug abuse can intensify or

bring on these sorts of episodes. This is

a very dangerous condition.

GILLIAN FOURNIER


It irks me to think that the Sultan of Selangor

has Delusion of Grandeur with regard to the

role he plays in the governance of HIS state

Selangor! HIS state Selangor? And his role as

head of Islam in HIS state?

PETALING JAYA: It’s a bitter pill to swallow for many

Selangor assemblymen now that the government may

have lost control over the state’s Islamic administrative

matters and the estimated tens of millions of ringgit in

annual zakat collections.

The amendments made in July seemingly allowed the

state’s Islamic Religious Council (MAIS) to be

accountable only to the Sultan of Selangor, Sultan

Sharafudin Idris Shah, bypassing the state government

in the process.

The amendments affected the Administration of the

Religion of Islam (State of Selangor) Enactment 2003.

FMT previously reported that Selangor state

assemblymen allegedly received a letter from the

Sultan at the July 11 state assembly sitting,

commanding them to agree to these amendments.

Caught by surprise and fearing a constitutional

crisis in the event of a refusal, Pakatan state

assemblymen allowed the amendments to be

passed without a hitch.

Currently, the Sultan has the power to appoint

the MAIS chairman, deputy chairman and “not

fewer than eight other members” to the council.

MAIS also consists of five ex-officio (automatic)

members – the state secretary, state legal adviser,

state financial officer, the mufti and the chief police

officer.

According to the anonymous state assemblyman,

the building and administration of mosques and suraus

were also affected by the amendments.

JAIS, as well as the state government, he claimed,

would have to spend money to build them, while the

administration of these buildings would fall under

MAIS’ purview.

Who told him that Selangor is HIS state? Just

because he was born into the role of Sultan

does not make any state HIS state!

Somebody better tell him that the life of

decadence he now leads is bankrolled by

the taxes paid by the people of Selangor

and others. Somebody better tell him that

he does not earn his keep!

Like the mistresses being kept by BN politicians,

he too is being kept in clover and grandeur by

the hard earned money from others! And while

these mistresses gives sexual pleasure and

gratification to their masters this Sultan of

Selangor is a parasite of the highest order for

he never gives anything back to his benefactors.

And like the over 1000 parasites that can wreck

havoc on our bodies and live all over the human

body - in the blood and all organs including the

brain and in our eyes and sinus and anus – this

Sultan of Selangor must be put in his place before

he wrecks havoc over HIS state of Selangor by his

dalliances into the politics of HIS state!

The parasite genital protoza lives in the female

vagina and urethra and causes a slightly yellow

discharge with itching and burning. I think it is

time that this parasite of a Sultan go find HIS female

vagina and make like a parasite and stay out of

matters that does not concern him.

By the manner he chooses to lives his sordid life

he has forfeited any right to have anything to do

with Islam in HIS state! Do you want the head of

Islam in Selangor to fornicate around with ladies

of dubious persuasion? I believe that ISLAM forbids

what this Sultan is now doing – fornicating around

– so why is he allowed to meddle in matters of Islam?

Woi Sultan go stand in front of the mirror and see

yourself as others see you! A useless appendage

of the Malays race that contributes towards nothing

more then the decline and fall of the Malays.

What dignity you could possibly bring to your

throne was lost many years ago when you choose

to live your life no better then the life of those

cursed and spoilt with the dubious honor of having

other people pay for the useless life they lead. You

have earned not a single cent to pay for the useless

life you lead then, now and for the foreseeable future.

Before you are further embarrassed by the exposure

of your past and present follies I would suggest that

you stop to think whether doing the bidding of

UMNO will do you any good. You simply do not have

the acumen to understand that you are being used

by UMNO for its own ends. True you do have need

of the few millions here and the few millions there

that UMNO throws your way every now and then

but I would suggest that you are already living the

good life being a parasite. Begging for the few

millions here and the few million there that UMNO

throws your way will not do you any good once

the people decides that it is time that they do

away with you and your parasitic way!

So Sultan cease and desist your interference

in the governance of YOUR state! I was born in

Segambut and Selangor is MY state. I do not want

the likes of you to think that I will be quiet when

you begin to have these delusion of grandeur

thinking that you are a reborn Sultan of Selangor

who has come riding on a white stallion to save

Selangor from a PKR state government and return

it back to UMNO. It would be far better for you to

be like a stallion and go service the mares that are

waiting in the stables – is that not what you like

doing now?

Step back and stop yourself from thinking that you

would want to play any role in the government of

Selangor. For now we will put up with you being a

parasite in our midst –though unlike the other

parasites – it would seem that you lead a very

comfortable and decadent life style. Be like a

tree and make yourself inconspicuous and stay

out of our consciousness. To do otherwise might

invite the wrath of the people in YOUR state and

might shorten your rule as Sultan. Understand?