Sunday, August 14, 2016

CBI files fresh FIR against Vijay Mallya

New Delhi: The CBI on Saturday registered a fresh case against liquor baron Vijay Mallya and also named as accused the company United Breweries Holdings Limited (UBHL) to probe the "larger conspiracy" to cheat the consortium of 17 banks led by State Bank of India.
The fresh case against Mallya covers the loan of Rs 6027 crore (approximately) from these banks between 2005 and 2010 but "deliberately didn't pay while conspiring with group companies and promoters", CBI says in its FIR.The loan amount along with interest now stands over Rs 9000 crore.
Vijay Mallya, who fled to London on March 2 this year without informing the agencies and government, has refused to come to India and assist in the probe.
13/08/16 Times of India

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