KINGFISHER-IDBI LOAN CASE: CBI Arrests 9 People: Arrested Include Yogesh Agarwal, Former IDBI CMD

January 27, 2017, 8:25 PM

KINGFISHER-IDBI LOAN CASE: CBI Arrests 9 People: Arrested Include Yogesh Agarwal, Former IDBI CMD, B.K Batra, Former IDBI Deputy MD CBI Arrests 9 People: Arrested Include Amit Nadkarni, DGM Fin KF Airlines, AC Shah, Sr Manager A/cs KF Airlines Earlier today, CBI has searched the offices of Vijay Mallya-owned United Breweries (UB) group in Bengaluru, informed a CBI official. “A 12-member team of the CBI is searching the offices in the UB City with a search warrant from a Delhi court. We are providing logistical support and assistance to the team,” the official told IANS. Though the official declined to specify the reason for the search warrant, informed sources hinted that the exercise was in connection with a FERA violation case against the group companies and Mallya. The group company said its officials were cooperating with the CBI team. CBI has registered two cases against Mallya who had left the country after changes were made in the CBI lookout circular against him enabling his exit.

This entry was posted in Bank, CBI Case / Scam, Employee Misc, Employee Misc