CBI questions Mallya in alleged loan default case

PTI Updated - January 22, 2018 at 12:13 PM.

The CBI today examined UB Group Chairman Vijay Mallya in connection with its probe into alleged loan default of ₹900 crore taken from IDBI bank.

The sources said Mallya was called to agency headquarters here in connection with the case where the team of Banking Securities Fraud Cell carried out his detailed questioning. The company said it will not comment on the matter.

The CBI has registered a case against Mallya, Director of defunct Kingfisher Airlines; the company; A Raghunathan, Chief Financial Officer of the Airlines; and unknown officials of IDBI Bank.

It is alleged that the loan was sanctioned in violation of norms regarding credit limits.

Published on December 10, 2015 17:09