Udupi, Mar 2: NRI businessman B R Shetty on Monday blamed vested interests for his sudden fall from grace.
He also claimed to have been deceived by those whom he had trusted with his life. Shetty told mediapersons that an accountant, who was made the CEO of his company, had backstabbed him. Shetty said that he being ignorant about the developments led to the collapse of his financial empire.
But he refused to call his CEO an offender as the charges against him are yet to be proven. Besides, the case is in court and it will be unwise to pass any comments, he said. Shetty said that he is confident of overcoming current problems.
He also recollected how banks in the USA had declined to offer credit cards to Donald Trump, but Trump went on to become the US President.
"Nothing is permanent," he added. Shetty recollected that he was a poor man in Udupi and used to borrow money even to buy petrol for his motorbike. "I am paying back all my debts," Shetty said.
Though he lost properties in other countries, his assets in India are still safe, and there are many people who envy him for his popularity, he claimed.
Shetty denied on having met Prime Minister Narendra Modi and other BJP leaders. On being compared with Vijay Mallya and Nirav Modi, Shetty said the comparison is "meaningless". Meanwhile, Shetty promises to continue charity work, adding that he has donated half of his assets to Bill and Melinda Gates Foundation.
"I once contributed five million dollars to country's economy. So I will bounce back," he said.
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