Kingfisher Airlines ₹180 cr loan fraud: Spl court refuses to entertain CBI’s plea to record confession of an accused

MUMBAI: A special court has refused to entertain the Central Bureau of Investigation’s (CBI) plea to record the confessional statement of an accused in the ₹180-crore loan fraud case against fugitive businessman Vijay Mallya and Kingfisher Airlines. Special CBI judge Dr JP Darekar refused the CBI’s plea primarily on account of lack of jurisdiction, and asked the central agency to approach the chief metropolitan magistrate for recording the accused’s confession.

The case was registered by the CBI in 2016 and Mallya, Kingfisher Airlines and others were accused of defrauding two public sector banks of ₹180 crore by diverting the funds made available to the airline.