New Delhi, Jan 24 (IANS) The CBI on Monday arrested four former IDBI Bank officials, including a former Chairman, and four former executives of now-defunct Kingfisher Airlines in its ongoing probe into the Vijay Mallya loan default case, officials said.
A senior Central Bureau of Investigation (CBI) official requesting anonymity told IANS: "The agency on Monday arrested former Chairman of IDBI Bank Yogesh Agarwal from Delhi and three other former employees -- S.K.V Srinivasan, O.V. Bundelkhand and Sridhar -- from other places."
"The four former employees of the Kingfisher Airlines, who were also arrested included its former CFO A. Raghunath, Shailesh Borkar, Amit and A.C. Shah," the official said.
Earlier in the day, the CBI raided at over 11 places in Delhi, Bengaluru and Mumbai.
Confirming the searches by the investigating agencies at its offices in Bengaluru, UB Group in a statement said: "A CBI team visited the UB Group offices in Bengaluru today (Monday) and we are fully cooperating with them."
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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