- Karnataka rain fury: Photos of flooded streets, uprooted treesCannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfitRanbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A KissOscars 2022: Every Academy Award WinnerShane Warne (1969-2022): Australian cricket legend's life in picturesPhotos: What Russia's invasion of Ukraine looks like on the groundLata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)Wedding pics: Mouni Roy marries Suraj Nambiar in South Indian ceremony73rd Republic Day Parade 2022 - In Pictures
World no. 1 Serbian tennis great Novak Djokovic was named Laureus World Sportsman of the Y
- Asian Games medallist Jyothi Yarraji to train in Spain ahead of Paris Olympics
- Lione Messi said Retirement not on my mind
- Indian Wells: Alcaraz, Swiatek win titles
- African footballer chased and thrashed away in Kerala; reports
- Hockey India announce core probable group for men's national camp in Bhubaneswar
CBI searches Mallya's UB offices in Bengaluru Last Updated : 23 Jan 2017 07:23:43 PM IST (File photo)
The Central Bureau of Investigation on Monday searched the offices of Vijay Mallya-owned United Breweries (UB) group here, a CBI official said.
"A 12-member team of the CBI is searching the offices in the UB City with a search warrant from a Delhi court. We are providing logistical support and assistance to the team," the official told media.
Though the official declined to specify the reason for the search warrant, informed sources hinted that the exercise was in connection with a FERA violation case against the group companies and Mallya.
The group company said its officials were cooperating with the CBI team.
On November 4, a Delhi court issued a non-bailable warrant against Mallya for allegedly evading summons in a case of FERA violation.
The CBI search comes three days after the Debt Recovery Tribunal's Bengaluru bench ordered the attachment and recovery of Mallya's properties for defaulting on bank loans by his defunct Kingfisher Airlines Ltd.
Allowing a joint petition filed in June 2013 by a consortium of 17 banks led by the State Bank of India (SBI), the Tribunal's Bengaluru bench said properties of Mallya and Kingfisher worth Rs 6,203 crore ($909 million) be recovered from them with 11.5 per cent interest per annum since July 26, 2013 over unpaid loans.IANS For Latest Updates Please-
Join us on
Follow us on
172.31.16.186