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.
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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Kingfisher Airlines CEO Sanjeev Aggarwal appears before Directorate General of Civil Aviation (DGCA) to explain reasons for large-scale disruptions in schedules. Kingfisher has been on a flight cancellation spree in the past four days .Aggarwal asserts that whatever queries DGCA have Kingfisher he will respond them.
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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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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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With Tyra Banks as her no. 1 idol, there's nothing stopping this beauty with a lucky name and a super fit body.
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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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It seems Kingfisher Airlines wasn't owned by Mallya but by Gandhi family through proxy: Sambit Patra 13.09.2018
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Congress' lies have been exposed. The then Prime Minister and Civil Aviation Minister acknowledged during the UPA 2 that they were trying to save Kingfisher Airlines. Since 2010 UPA violated all norms for Vijay Mallya and Kingfisher Airlines. This show the propensity to which the Congress can lie to cover-up their sins. Congress should clarify what relations they had with Kingfisher airlines.
Replying to a journalist, Shri Piyush Goyal stated, 'our govt never interferes in investigative agencies' work. This government has acted the most against bank defaulters.'
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