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IDBI Bank Issues Public Notice On Vijay Mallya As "Wilful Defaulter"
IDBI Bank has declared Vijay Mallya a wilful defaulter and issued a public notice on Wednesday with his old passport size photograph for default on payments worth Rs 1,566 crore in respect to Kingfisher Airlines.
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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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Vijay Mallya Used IDBI Loan For Kingfisher Airlines To Fund Formula 1 Race Team Too', Alleges Enforcement Directorate
Business tycoon Vijay Mallya was "the prime mover in the plot" to launder a big chunk of the 900 crore-bank loan taken to keep Kingfisher Airlines flying in 2009 and had used part of the IDBI bank loan to even fund the Force India Formula 1 Team, the Enforcement Directorate has alleged in charges filed in a Mumbai court on Wednesday.
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Exclusive: How IDBI Bank Bent Rules For Vijay Mallya According To CBI
CBI sources claim that Reserve Bank of India or RBI guidelines were ignored and the loan was granted to Vijay Mallya in three tranches, despite Kingfisher's weak financial position and low credit rating.
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Vijay Mallya Gets Latest Warning In Newspaper Notice
A notice put out in Mumbai newspapers today served as the last warning for tycoon Vijay Mallya, who has been declared a proclaimed offender in a Rs. 900 crore loan scam.
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Vijay Mallya's Overseas Assets Must Be Disclosed To Banks: Supreme Court
Banks owed nearly a billion dollars by Vijay Mallya are entitled to details of the assets owned abroad by his family and him, the Supreme Court said today.
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United Breweries Denies Vijay Mallya Diverted Loan To Buy Property Abroad
Embattled liquor baron Vijay Mallya's UB Group today "strenuously denied" the allegation by the Enforcement Directorate that he siphoned off nearly Rs 430 crore from the loan extended to Kingfisher Airlines by IDBI bank for acquiring property abroad.
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Kingfisher Airlines Case: CBI To Send Letters Rogatory To US, UK, France, Hongkong
The CBI will soon be sending judicial requests to at least five countries, including the US and the UK, to seek information about alleged diversion of loans received by now defunct Kingfisher Airlines from IDBI Bank.
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What Made IDBI Give Rs 900 Crore To Vijay Mallya? Curious Case Of 2 Notes
When Vijay Mallya's Kingfisher Airlines was given a 900-crore loan by state-run lender IDBI, it was already entangled in a full-blown financial crisis. The loan was granted in 2009 - in March that year, the airline had declared losses of nearly 1,600 crores.
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CBI Investigating 6 lakh Financial Transactions Of Vijay Mallya: Sources
As Finance Minister Arun Jaitley said today that banks will chase Vijay Mallya for "every penny" of the nearly 1 billion dollars owed by his Kingfisher Airlines, sources in the CBI have disclosed to NDTV that its investigation into the liquor baron's loans has expanded to include 6 lakh transactions.
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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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IDBI Bank Issues Public Notice On Vijay Mallya As "Wilful Defaulter"
IDBI Bank has declared Vijay Mallya a wilful defaulter and issued a public notice on Wednesday with his old passport size photograph for default on payments worth Rs 1,566 crore in respect to Kingfisher Airlines.
-
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...
-
Vijay Mallya Used IDBI Loan For Kingfisher Airlines To Fund Formula 1 Race Team Too', Alleges Enforcement Directorate
Business tycoon Vijay Mallya was "the prime mover in the plot" to launder a big chunk of the 900 crore-bank loan taken to keep Kingfisher Airlines flying in 2009 and had used part of the IDBI bank loan to even fund the Force India Formula 1 Team, the Enforcement Directorate has alleged in charges filed in a Mumbai court on Wednesday.
-
Exclusive: How IDBI Bank Bent Rules For Vijay Mallya According To CBI
CBI sources claim that Reserve Bank of India or RBI guidelines were ignored and the loan was granted to Vijay Mallya in three tranches, despite Kingfisher's weak financial position and low credit rating.
-
Vijay Mallya Gets Latest Warning In Newspaper Notice
A notice put out in Mumbai newspapers today served as the last warning for tycoon Vijay Mallya, who has been declared a proclaimed offender in a Rs. 900 crore loan scam.
-
Vijay Mallya's Overseas Assets Must Be Disclosed To Banks: Supreme Court
Banks owed nearly a billion dollars by Vijay Mallya are entitled to details of the assets owned abroad by his family and him, the Supreme Court said today.
-
United Breweries Denies Vijay Mallya Diverted Loan To Buy Property Abroad
Embattled liquor baron Vijay Mallya's UB Group today "strenuously denied" the allegation by the Enforcement Directorate that he siphoned off nearly Rs 430 crore from the loan extended to Kingfisher Airlines by IDBI bank for acquiring property abroad.
-
Kingfisher Airlines Case: CBI To Send Letters Rogatory To US, UK, France, Hongkong
The CBI will soon be sending judicial requests to at least five countries, including the US and the UK, to seek information about alleged diversion of loans received by now defunct Kingfisher Airlines from IDBI Bank.
-
What Made IDBI Give Rs 900 Crore To Vijay Mallya? Curious Case Of 2 Notes
When Vijay Mallya's Kingfisher Airlines was given a 900-crore loan by state-run lender IDBI, it was already entangled in a full-blown financial crisis. The loan was granted in 2009 - in March that year, the airline had declared losses of nearly 1,600 crores.
-
CBI Investigating 6 lakh Financial Transactions Of Vijay Mallya: Sources
As Finance Minister Arun Jaitley said today that banks will chase Vijay Mallya for "every penny" of the nearly 1 billion dollars owed by his Kingfisher Airlines, sources in the CBI have disclosed to NDTV that its investigation into the liquor baron's loans has expanded to include 6 lakh transactions.
-
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.
