CBI blasts banks for Kingfisher fraud, registers complaint

Zee Media Bureau

New Delhi: Taking serious note on non-payment of borrowed money by big borrowers, CBI chief Anil Sinha blasted banks for not coming forward with a complaint in the Kingfisher Airlines case, saying the delay helped the company “divert funds and destroy evidence”.

He added, “CBI registered a case of cheating & fraud against Kingfisher & its erstwhile management on allegations of defrauding banks of nearly Rs 7k cr.”

“Despite our repeated requests, banks did not file complaint with CBI, we had to register the complaint on our own initiatives,” said Anil Sinha.

CBI chief also added that the undue delay had jeopardised cause of justice to offenders, giving them benefit & opportunity to divert funds & destroy evidences.