New Delhi, April 9 -- Fugitive liquor baron Vijay Mallya mocks father-in-law in a post on X, referring to a '95% haircut' on an acquisition. He also claimed that banks recovered over Rs.14,000 crores against a judgment debt of Rs.6,203 crores.

In a post on X, Mallya shared data on corporate bad loans of various companies, recovery amount along with the haircut percentage for banks. He wrote, "Last one best. Father in law acquires it after 95% haircut."

In another post, he wrote, "And in my case Banks recovered in excess of Rs.14,000 crores against a judgement debt of 6203 crores"

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