With CBI's registration of FIR, Vijay Mallya is now a 'Wanted' man in India

| Saturday, August 13, 2016 - 14:22
First Published |
Vijay Mallya, Loan defaulter, Kingfisher Airlines, FIR, Kingfisher Airlines, CBI, State Bank of India,

New Delhi: The Central Bureau of Investigation (CBI) on Saturday registered a First Information Report (FIR) against loan-defaulter Vijay Mallya who is currently residing out of the country. 

Mallya, whose movements have been followed closely by state officials and the media alike, is now officially a ‘Wanted’ man for defaulting on more than Rs 8000 crore loan taken from multiple Indian banks. Mallya's downfall has been marked by the sinking of the Kingfisher Airlines. 

Mallya has been issued summons by the court multiple times over the last few months, all of which were rejected by the businessman on the grounds that the media were out to vilify him. 

The CBI has filed the FIR under charges of cheating and criminal conspiracy under the Indian Penal Code. It is being reported that the complainant in the case is the State Bank of India. 


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