CBI arrests former IDBI chief, Kingfisher staff in Vijay Mallya loan case

January 23, 2017

New Delhi, Jan 24: The CBI on Monday arrested former chairman and three ex-executives of IDBI Bank and four executives of Kingfisher Airlines in the loan default case involving liquor barron Vijay Mallya.

Those arrested included former chairman of the IDBI Bank Yogesh Aggarwal and former CFO of now defunct Kingfisher Airlines A Raghunathan, agency sources told Hindustan Times.

The arrests came after the agency sleuths conducted searches at 11 places including Vijay Mallya's residence in New Delhi, three floors of UB towers in Bengaluru, residence of Aggarwal and Raghunathan.

The CBI has registered a case against Mallya and others alleging that the IDBI Bank extended loans worth Rs 900 crore to the Kingfisher Airlines and at that point in time the airline had negative credit ratings. Mallya was the director of the airline. The airline stopped operations in October 2012.

The CBI had registered the case under various sections of the Indian Penal Code (IPC) and Prevention of Corruption (PC) Act.

Following the CBI case, the Enforcement Directorate also launched probe under the Prevention of Money Laundering Act in the matter.

After the multi-agency probe launched against Vijay Mallya in various loan-default cases, the liquor barron left India for London. The government has approached the British authorities asking them to send back Mallya to India to face the law here. The request of the Indian authorities is being scrutinised by the British authorities.

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Mangaluru police issue alert over fake traffic fine payment Apps and links

coastaldigest.com news network

December 20,2025

Mangaluru, Dec 20: City Police Commissioner Sudheer Kumar Reddy has issued a high-alert warning to vehicle owners regarding a surge in cyber fraud targeting those looking to pay traffic violation fines. Fraudsters are reportedly exploiting recent government discount schemes on traffic penalties to deceive citizens.

The Scam: How Fraudsters Strike

Criminals are using SMS, WhatsApp, and social media to circulate suspicious links and APK files (Android application packages). They claim these apps allow users to pay e-challans at a discount.

• Device Hacking: Downloading these unauthorized apps gives hackers full access to the victim's smartphone.

• Financial Theft: Once the phone is compromised, fraudsters intercept OTPs and personal data to drain bank accounts.

• Phishing Sites: Fake websites mimicking official portals are also being used to harvest banking credentials.

Already, two residents within Mangaluru city limits have reported significant financial losses after falling victim to these fraudulent apps.

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