Non Bailable Warrant Issued Against Mallya In IDBI Loan Default Case

Mumbai: A special CBI court on Tuesday issued a non bailable warrant against liquor baron Vijay Mallya in IDBI loan default case after the investigating agency moved extradition request against the liquor baron.

The Central Bureau of Investigation (CBI) on January 24 had filed a charge sheet in Rs 900 crore IDBI loan default case against nine people arrested a day earlier: former chairman of IDBI Bank Yogesh Aggarwal, former CFO of the Kingfisher Airlines (KFA) A Raghunathan,  IDBI executives O V Bundellu, S K V Srinivasan, R S Sridhar, B K Batra and Kingfisher executives Shailesh Borke,
 A C Shah and Amit Nadkarni.

 It has slapped IPC sections related to criminal conspiracy, cheating and provisions of Prevention of Corruption Act on the accused.

"The court issued a non-bailable warrant against Mallya after we filed an affidavit seeking his extradition from the UK," a CBI official told PTI, adding that the warrant will be sent to that country through diplomatic channels.

Special judge for CBI cases H S Mahajan issued the NBW after the agency's affidavit provided Mallya's precise address in the UK.

"Earlier too, a non-bailable warrant was issued against him but then we did not know his location," the official said.

As per reports, not just CBI, Enforcement Directorate will also start the extradition process against Mallya.