Kingfisher Airlines Idbi Bank
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Vijay Mallya Created 20 Shell Companies, Says Enforcement Directorate In Chargesheet
The Enforcement Directorate, in its latest chargesheet filed against Vijay Mallya, has alleged that the businessman floated 20 shell companies, directors of which were either his personal staff or retired employees. The ED made these claims in its recent chargesheet filed regarding the default of a IDBI Bank's loan worth 900 crores by Mr Mallya's K...
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CBI Details How Kingfisher 'Misused' Rs. 900-Crore Loan From IDBI
Though Kingfisher Airlines was in acute financial distress in 2009, owner Vijay Mallya managed to get a 900-crore loan from state-run bank IDBI, which ignored warnings from some of its officers to hastily and unusually clear the massive amount in just a month, according to the country's top investigating agency.
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Vijay Mallya Created 20 Shell Companies, Says Enforcement Directorate In Chargesheet
The Enforcement Directorate, in its latest chargesheet filed against Vijay Mallya, has alleged that the businessman floated 20 shell companies, directors of which were either his personal staff or retired employees. The ED made these claims in its recent chargesheet filed regarding the default of a IDBI Bank's loan worth 900 crores by Mr Mallya's K...
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CBI Details How Kingfisher 'Misused' Rs. 900-Crore Loan From IDBI
Though Kingfisher Airlines was in acute financial distress in 2009, owner Vijay Mallya managed to get a 900-crore loan from state-run bank IDBI, which ignored warnings from some of its officers to hastily and unusually clear the massive amount in just a month, according to the country's top investigating agency.
