NEW DELHI: Inching closer towards gathering more concrete evidence against Vijay Mallya, the CBI on Tuesday interrogated former chief financial officers of the UB Group, Ravi Nedungadi and A Raghunathan, in connection with the alleged loan fraud and diversion of siphoned money. The duo was interrogated separately by a CBI team in Mumbai and their versions and answers are being analysed.
Sources also informed that the CBI was in the process of getting letters issued to the UK, Mauritius, Cayman Islands and France amongst others to get details and “documented evidences” about the properties owned/used and financial transactions carried out by Mallya and his associates.
Regarding the interrogation, sources said the agency’s focus was to understand in detail the role of these two CFOs and their alleged collusion with Mallya in getting the banks to disburse money. They were given a questionnaire prepared by the CBI team. In the main, they were asked to open up on the information they had about some political functionaries who Mallya had been in touch with around the time the loans were being disbursed, sources claimed.
Their answers will be corroborated with call records of the numbers they and Mallya used during this time apart from other evidence as the CBI, on the basis of some undisclosed prima facie evidence, is looking into whether “political pressure” was applied on banks to get them to lend to Kingfisher Airlines when it was not doing well.
The CBI’s move to quiz the duo coincides with Nedungadi opening up to inform the ED about two expensive properties – one in San Fransisco and another in France – with links to Mallya. Sources said the agency would question them again after studying their answers. The CBI will also quiz some other Kingfisher officials and a senior official of a leading consulting and accounting firm, sources said. The governm- ent there would pass directions to the concerned local court.