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Thursday, 14 April 2016

Plea in High Court for CBI probe into KFA's jet fuel procurement

Mumbai: The Bombay high court on Monday received a petition to hear a fresh plea for CBI action against Vijay Mallya and his defunct Kingfisher Airlines over Rs 602-crore aviation fuel, which he received on credit from a public sector company between 2008 and 2010.

The petition has alleged that Hindustan Petroleum Corporation (HPCL) started extending credit for the sale of aviation fuel to Kingfisher Airlines in 2008, and continued to do so despite his unpaid fuel bill of Rs 602 crore. After social activist Pratap Teli first approached the HC in 2013, the CBI had in February 2014 assured the court that it had registered a criminal case against Kingfisher and would complete its "inquiry" within three to four months. The HC bench of Justices Naresh Patil and V L Achliya had disposed of the petition then after recording the statement made by CBI counsel Rajesh Desai, but kept all issues open on merits of the case.
Over two years later, Teli's counsel Aditya Pratap on Monday informed a bench of Justices Naresh Patil and A M Badar that the CBI appears to have done nothing as its probe has not progressed at all. He said, "Representations made even last December to the CBI to find out the status of the probe have gone unanswered, and the HC ought to hear the matter afresh and direct it to complete it." The bench directed that the matter be placed for hearing after two weeks.
To Read the News in Full 12/04/16 Swati Deshpande/Times of India
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