Vijay Mallya row: ED quizzes 4 IDBI officials

Zee Media Bureau

New Delhi: The Enforcement Directorate(ED) on Monday questioned 4 IDBI Bank officials in connection with the money laundering probe in the alleged default of over Rs 900 crore loan.

The ED had earlier issued summons to over half a dozen officials of the IDBI bank and Vijay Mallya-owned Kingfisher Airlines(KFA) under provisions of the PMLA wherein all the individuals have been asked to submit details about their personal finances and Income Tax Returns (ITRs) of last five years to the investigators.

According to the official, in his statement to the SFIO--recorded last month--, Raghunathan has put the blame on Mallya for the financial crisis that felled KFA and said he worked as per the directions from the latter.

Apart from Raghunathan, summons have also been issued to former Chairman and Managing Director of the bank, Yogesh Agarwal and other senior executive members and officials of both the organisations.