Finance Minister Arun Jaitley has termed the statement of fugitive industrialist Vijay Mallya as false and said he never gave appointment to Mallya since 2014.

Jaitley's response comes in the wake of a claim made to the media by Mallya in London on having met the Finance Minister with an offer of settlement.

"I left because I had a scheduled meeting in Geneva. I met the finance minister before I left, repeated my offer to settle with the banks. That is the truth," Mallya claimed without naming the minister.

However, refuting the claims Jaitley in facebook post wrote : "My attention has been drawn to a statement made to the media by Vijay Mallaya on having met me with an offer of settlement."

"The statement is factually false in as much as it does not reflect truth. Since 2014, I have never given him any appointment to meet me and the question of his having met me does not arise. However, since he was a Member of Rajya Sabha and he occasionally attended the House, he misused that privilege on one occasion while I was walking out of the House to go to my room. He paced up to catch up with me and while walking uttered a sentence that " I am making an offer of settlement". Having been fully briefed about his earlier "bluff offers", without allowing him to proceed with the conversation, I curtly told him "there was no point talking to me and he must make offers to his bankers." I did not even receive the papers that he was holding in his hand. Besides this one sentence exchange where he misused his privilege as a Rajya Sabha Member, in order to further his commercial interest as a bank debtor, there is no question of my having ever given him an appointment to meet me."

While briefing the media, Arun Jaitley said that he never gave him an appointment, neither at his office and nor at his residence.