Enforcement Directorate Issued Summons to A Raghunandan, Chief Finance Officer of Kingfisher Airlines and 5 IDBI bank officials for questioning in the 9000Cr Kingfisher-IDBI bank fraud case..
Enforcement Directorate Issued Summons to A Raghunandan, Chief Finance Officer of Kingfisher Airlines and 5 IDBI bank officials for questioning in the 9000Cr Kingfisher-IDBI bank fraud case.
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IDBI Bank को निजी हाथों में सौंपने का काम शुरू | अगले साल निजी Bank में तब्दील हो जाएगा IDBI Bank |
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The defunct Kingfisher Airlines Chief Financial Officer (CFO), A Raghunathan, on Friday (March 11) has appeared before Enforcement Directorate (ED) as part of its probe into a money laundering case. CBI had registered a case against Mallya, Kingfisher Airlines, CFO of the airlines, and unknown officials of IDBI Bank in its FIR alleging that Rs 900 crore IDBI loan was sanctioned in violation of norms regarding credit limits on the basis of complaint received from the bank. Clarifying his position in the loan owed by KFA, Mallya in a recent statement had said after the closure of the airline, since April, 2013, the banks and their assignees have recovered, in cash, an aggregate of Rs 1,244 crore from sale of pledged shares
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Five present and past officials of IDBI Bank and a few executives of Kingfisher Airlines have been summoned by the Enforcement Directorate (ED) in connection with a Rs 950-crore loan the bank sanctioned to the airline in 2009.
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With smoldering eyes and a great body, Nibedita feels that she is on her way to become the new face of the Kingfisher calendar.
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It seems Kingfisher Airlines wasn't owned by Mallya but by Gandhi family through proxy: Sambit Patra 13.09.2018
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