<!– /11440465/Dna_Article_Middle_300x250_BTF –>The Central Bureau of Investigation (CBI) on Monday obtained a non-bailable warrant (NBW) against Vijay Mallya. The agency plans to get the liquor baron extradited to India from the United Kingdom, where he has been staying after leaving India in March this year. CBI officials said the agency will send an extradition request to UK authorities through diplomatic channels and looks forward to bring Mallya to join the investigation. Sources said that the move will help the probe agency in examining the role of suspected bankers in India who allegedly connived with Mallya and aided the sanctioning of loans towards the liqour baron’s now defunct Kingfisher Airlines (KFA) company.“We were able to obtain the NBW today. The next is extradition and we will be using all diplomatic channels at our disposal to extradite him,” said a senior CBI official.The CBI filed a case against KFA, its Chief Financial Officer A Raghunathan and some officials of IDBI Bank for criminal conspiracy, criminal breach of trust and under the Prevention of Corruption Act alleging that Rs 900 cr that IDBI sanctioned as a loan to Mallya was in “violation of norms to do with credit limits”. Mallya also owes several banks about Rs 9,000 cr. The State Bank of India, which leads the consortium of 17 banks that lent money to KFA, had moved Debt Recovery Tribunal against the airlines chairman in its bid to recover over Rs 7,000 cr of dues from him.Mallya has already has an NBW issued against him by a Delhi court for evading summons in a Foreign Exchange Regulation Act case.
Original article –
