Goa, June 6 -- In a rare and candid admission, Vijay Mallya has publicly apologized to former Kingfisher Airlines employees over unpaid salaries, acknowledging their suffering and taking responsibility for the airline's collapse. Speaking on a recent podcast with YouTuber Raj Shamani, Mallya said, "I am deeply sorry for what happened. I am deeply sorry that some of them didn't get paid their salaries. I have no excuses to offer, I take full responsibility."

Mallya explained that although funds had been deposited with the Karnataka High Court, his efforts to use the money to pay staff salaries were blocked. "I specifically applied to the court to pay the salaries of Kingfisher Airlines staff. The banks objected, and the court refused perm...