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Vijay Mallya Row: IDBI Officials likely to be Quizzed Today

Vijay Mallya Row: IDBI Officials likely to be Quizzed Today

New Delhi: The Enforcement Directorate is likely to question 4 IDBI Bank officials on Monday in connection with the money laundering probe in the alleged delinquency of over Rs 900 crore loan.

The Enforcement Directorate had earlier issued summons to over half a dozen officials of the IDBI bank and Vijay Mallya owned Kingfisher Airlines(KFA) under provisions of the PMLA wherein all the individuals have been asked to submit details about their personal finances and Income Tax Returns (ITRs) of last 5 years to the investigators.

According to the official, in his statement to the SFIO–recorded previous month–, Raghunathan has put the blame on Mallya for the financial  critical situation that felled KFA and said he worked according to the directions from the latter.

Apart from Mr. Raghunathan, summons have also been issued to former Chairman and Managing Director of the bank, Yogesh Agarwal and other senior executive representative and officials of both the organizations.

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