New Delhi: Central Bureau of Investigation (CBI) will be sending a letter rogatory to at least five countries including France, United Kingdom, Hong Kong, United States and Switzerland.
The letter will be sent in connection with Kingfisher Airlines IDBI loan default case to seek information about alleged diversion of loans received by liquor barren Vijay Mallya.
When CBI filed an FIR, it was mentioned in the FIR itself that there are sums of money that have been transferred to certain off-shore accounts, there would be a requirement of a letter rogatory to be sent to various foreign locations.
Mallya reportedly has several properties in the US, UK, France and Hong Kong. According to some reports, he is presently living in London.
The sources said the move has been prompted by “good inputs” received from Financial Intelligence Unit on the transactions of Kingfisher Airlines.
A non-bailable warrant may be issued against Mallya as he has failed to appear before the Enforcement Directorate in connection with the loan default case. The former liquor baron owes nearly Rs 9000 crore to a group of 17 banks.
Mallya, on March 30, had submitted to the Supreme Court a repayment plan of Rs 4,000 crore by September this year, but the consortium led by the State Bank of India rejected his proposal.
First Published | 13 April 2016 12:07 AM
Web Title: Vijay Mallya’s foreign assets under CBI scanner; letter rogatory to 5 countries
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