CBI has registered a fresh case against beleaguered liquor baron Vijay Mallya for alleged irregularities in repayment of 1,600 crore rupees loan taken from State Bank of India.
The case was registered after receiving a complaint from SBI which is leading a consortium of 17 banks that have
given loans to Kingfisher Airlines.The agency has already filed a case of alleged loan default by the now-defunct Kingfisher Airlines to IDBI Bank.
The airline, owned by Mallya, had taken 6,900 crore rupees from a consortium of 17 lenders in early 2010 after a second debt restructuring for the airline.