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CBI prepares another charge sheet against Vijay Mallya in SBI loan case, says report
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CBI prepares another charge sheet against Vijay Mallya in SBI loan case, says report
Aug 2, 2018 2:14 AM

The Central Bureau of Investigation (CBI) is preparing another charge sheet against liquor baron Vijay Mallya on alleged irregularities related to a Rs 1,600-crore loan case his company had taken from the State Bank of India (SBI), The Economic Times reported.

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The bank had filed an FIR, following which the investigation agency had registered a complaint in 2016. The charge sheet may also highlight the role of bank officials in disbursing the loans to the company, sources told the paper.

Mallya had fled India in March 2016 after banks began to chase him for the repayment of loans. As of now, he is facing extradition proceedings in a London court.

On Tuesday, the court asked Indian authorities to submit a video of the cell at the Arthur Road Jail in Mumbai, within three weeks, where they plan to keep Mallya post-extradition.

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