April 19, 2026 10:59 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Pushback from smartphone makers: Centre drops Aadhaar app pre-install plan — report | Meta eyes first wave of layoffs on May 20: Report | TCS breaks silence on Nida Khan: ‘No HR role, no power’ in Nashik case | ‘Panic reaction’: Rahul Gandhi on women’s bill, says PM Modi ‘wants to send a message’ | Adani Group shares rise as Gautam Adani becomes Asia’s richest, overtakes Mukesh Ambani | TCS Nashik ‘conversion’ case accused seeks anticipatory bail citing pregnancy | IT raids TMC candidate Debasish Kumar’s premises ahead of Bengal polls | Bengal SIR: Supreme Court allows voters restored by tribunal till April 21 and 27 to vote | 'Women won't spare you': PM Modi warns Opposition over resistance to quota bill | Vijay booked in 3 cases over poll code violation ahead of Tamil Nadu polls

ED quizzes Kingfisher Airlines' ex-CFO

| | Mar 13, 2016, at 03:33 am
New Delhi, Mar 12 (IBNS) the Enforcement Directorate on Saturday quizzed ex- CFO Kingfisher Airlines A Raghunathan for the second day in connection with a money-laundering case and defaulting loans of around Rs.900 crore from IDBI bank.

He appeared before the Ballard Pier  office of the ED.

The Enforcement Directorate summoned liquor baron Vijay Mallya to appear before it on Mar 18.

Mallya, who owes over Rs 9000 crore to banks, said he did not 'flee' from India.

The liquor baron's whereabouts is still a mystery though several media reported from Hertfordshire near London as his possible place of stay now, according to media reports.

Mallya earlier tweeted: "I am an international businessman. I travel to and from India frequently. I did not flee from India and neither am I an absconder. Rubbish."

A consortium of banks, led by the State Bank of India, had filed a petition with the Supreme Court that Mallya's passport be impounded and he should not be allowed to leave the country. They feared that he may fly to London to avoid his lenders, according to reports.

The SC issued a notice to Mallya on Wednesday and asked him to reply within two weeks why his passport should not be impounded.

Meanwhile, the Debt Recovery Tribunal has also barred Mallya from accessing the Rs 515 crore severance pay he is to receive from Diageo for stepping down as the chariman of the UB Group.

On charges of defaulting on loan, the Karnataka High Court had recently issued a notice to the liquor baron  on a petition filed by State Bank of India (SBI) and 17 other banks seeking his arrest.

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.