Vijay Mallya had written a stinging letter to the Ethics Committee of Upper House, which had sought his reply regarding the case of loan default of over Rs 9,400 crore he faces.
Informing the committee that he is resigning from the Rajya Sabha, Mallya said on May 2 he did not want his "good name to be further needlessly dragged in the mud".
In the letter, which forms part of the report of the Committee on Ethics tabled in Rajya Sabha today, Mallya expressed "deep anguish and disappointment" that his Rajya Sabha colleagues have chosen to be "swayed and taken in" by what he alleged was "derogatory, and often blatantly false media frenzy and hysteria needlessly created against him" in recent times.
Alleging that he was facing "trial by media" and "lynch mob mentality", he also raised questions over the panel's "unanimous decision" to recommend his expulsion from the House on the ground of non-reflection of his alleged default in repayment of bank loans of about Rs 9531.60 crore in his declarations of assets and liabilities.
Citing various rules and court orders, Mallya said he was confident and convinced that there is "no tenable basis" for the "so-called" unanimous decision reached by Ethics Committee to recommend his expulsion.
I have no faith that in the current climate prevailing in the country that I will get any justice even at the hands of my colleagues in the Ethics Committee and hence, I no longer, wish my good name to be further needlessly dragged in the mud, he said in the letter informing the panel Chairman that he is writing to Rajya Sabha Hamid Ansari, tendering his resignation.
"I believe this action on my part is in keeping with the highest standards of ethics that any member of Parliament should and ought to emulate," Mallya had said.
The committee, however, rejected his reply saying Mallya raised some legal and Constitutional issues, which are not tenable because the Supreme Court has clearly upheld the power of Rajya Sabha to expel its members for gross misconduct or conduct unbecoming of a Member of the House.
"It is a matter of regret that Mallya has thought it fit to impugn the judgement and impartiality of the Committee on Ethics as well as the entire House," the committee said rejecting his arguments and recommending his expulsion.
In its report, the panel said a sanction "not less than termination of membership" of Mallya from the House is warranted under the circumstances and hoped that it would send a message to people that Parliament is committed to take such steps as are necessary against erring members to uphold dignity and prestige of this great institution.
Last Updated 31, Mar 2018, 7:05 PM IST