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Kingfisher Airlines-IDBI Bank loan scam: HC slams CBI for shoddy probe

<p>The Bombay High Court yesterday came down heavily on the Central Bureau of Investigation (CBI) for the way it had investigated the Kingfisher Airlines-IDBI Bank loan scam</p>

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Vijay Mallya

Vijay Mallya

Vijay Mallya
Vijay Mallya

The Bombay High Court yesterday came down heavily on the Central Bureau of Investigation (CBI) for the way it had investigated the Kingfisher Airlines-IDBI Bank loan scam. The court observed that the principal accused, Vijay Mallya, former chairperson of the now defunct airline, was allowed to flee by the agency, which was now under pressure and catching people without following any legal mandate. Justice Sadhana Jadhav was hearing the bail application of former chairman of IDBI Bank Yogesh Agarwal and then head of corporate banking BK Batra, who were arrested by the CBI in the scam.

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