Big claim in CBI charge sheet, IDBI GM made fake documents to get short-term loan to Kingfisher Airlines
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Mallya is allegedly an accused in the Rs 900 crore IDBI Bank-Kingfisher Airlines loan fraud case, which is being probed by the CBI. The central agency recently filed a supplementary charge sheet before the special CBI court here.
The CBI, in its supplementary charge sheet filed in a Mumbai court, said that a senior official of IDBI Bank allegedly conspired with businessman Vijay Mallya for sanction and disbursement of loans to Kingfisher Airlines. Mallya is allegedly an accused in the Rs 900 crore IDBI Bank-Kingfisher Airlines loan fraud case, which is being probed by the CBI. The central agency recently filed a supplementary charge sheet before the special CBI court here.
According to the chargesheet, Buddhadeb Dasgupta, former general manager of IDBI Bank, misused his position. Conspired with associates and Mallya in the matter of sanction and disbursement of short term loan (STL) of Rs 150 crore to Kingfisher Airlines in October 2009. Along with the 11 accused named in the earlier chargesheet, the CBI has named Dasgupta in its recently filed supplementary chargesheet. According to the CBI, STL was requested six months to fulfill certain important obligations to foreign vendors, including aircraft lessors and other service providers.
The said loan of Rs.150 crore originally envisaged by Dasgupta (through a proposal circulated among the members of the Credit Committee) was to be adjusted/repaid from the total loan of Rs.750 crore originally sought by the airlines. However, post circulation, the resolution changed to show as if the credit committee had treated it as a separate loan which, according to CBI, could be adjusted/recovered from the total loan.
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