Don’t miss the latest developments in business and finance.

CBI files FIR against Vijay Mallya

FIR filed under charges of cheating and criminal conspiracy; SBI said to be complainant in case, according to a TV report

Vijay Mallya
BS Web Team Mumbai
Last Updated : Aug 13 2016 | 3:44 PM IST
The Central Bureau of Investigation (CBI), on Saturday, filed an FIR against industrialist Vijay Mallya in the loan default case pertaining to State Bank of India (SBI), according to a report on CNBC-TV18. 

The agency filed the first information report (FIR) under charges of cheating (420) and criminal conspiracy (120B) under the Indian Penal Code (IPC). 

Sources told news agency PTI that it was alleged that Mallya had sought to recast his loan repayment in which information was suppressed by the businessman.

The complainant in the case is the State Bank of India, the report adds.

Also Read

First Published: Aug 13 2016 | 12:29 PM IST

Next Story