CBI Probe into IDBI Bank Loan to Kingfisher Airlines

New Delhi: The Central Bureau of Investigation (CBI) has served an inquiry notice on IDBI Bank over a loan of Rs.950 crore it extended to Vijay Mallya-led troubled airline Kingfisher Airlines, saying this extent of exposure was not bona fide.

The probe agency's notice to IDBI comes days after it arrested the chairman and managing director of Syndicate Bank S.K. Jain for allegedly accepting bribes from some companies, notably Bhushan Steel, to hike their credit limits without basis.

"The notice to IDBI Bank pertains to a PE (preliminary enquiry) into its role on a loan to Kingfisher Airlines -- how it (the bank) sanctioned Rs.950 crore, when the airline's net worth was negative," a CBI officer told IANS.

CBI unravels customs corruption at IGI Airport, arrests Anil Yadav

Superintendent of Customs Anil Yadav, posted as Jewellery Appraiser in the office of Additional Commissioner, Customs at Indira Gandhi International (IGI) Airport, has been arrested by the Central Bureau of Investigation (CBI) for demanding and accepting bribe of Rs. 18,000 from a synthetic diamond importer from Surat, Gujarat.
The complainant had alleged that Anil Yadav, seemingly in a well-rehearsed routine, demanded a bribe at the rate of Rs 2 per carat for clearing a consignment of rough synthetic diamonds that were being imported from China. He filed a case against Yadav under Prevention of Corruption Act.
Acting on his complaint, CBI laid a trap and when Yadav demanded and then, accepted the bribe, he was arrested red-handed.

LTC scam: CBI questions two MPs

New Delhi: The CBI on Tuesday questioned Rajya Sabha MP Brajesh Pathak and former BJD MP Renubala Pradhan in LTC scam for allegedly submitting fake travel bills to claim reimbursement from the government.

Agency sources said Pathak was questioned about bills worth over Rs 2.20 lakh whereas he paid only Rs 10,000 for his travel by Air India.

The CBI had last week registered cases against three sitting MPs, including Pathak, and three former MPs, including Pradhan, for allegedly submitting fake bills for claiming reimbursement for their air travel.

In the FIR, Pradhan is accused of presenting four bills worth Rs 1.62 lakh whereas Rs 5,600 was actually paid to Air India.

Prashant Bhushan seeks CBI probe in Air India biometric passenger ID scam

The AAP leader asked for a detailed CBI probe into Air India's proposal in 2006 to install biometric passenger identification systems at select domestic and international airports

Following the recent judgement from Canada's Superior Court convicting an official from Cryptometrics, a Canadian company, for bribery. The Aam Admi Party (AAP) leader Prashant Bhushan has filed a complaint to the Central Bureau of Investigation (CBI) for initiating a detailed probe in Air India's proposal to install biometric passenger identification system.

CBI presses ahead with Airbus probe

New Delhi: A year after registering a case for alleged irregularities in the Rs. 8,399-crore deal struck by the erstwhile Indian Airlines with Airbus Industrie for supply of 43 passenger planes, the Central Bureau of Investigation (CBI) has decided to send a team to the U.K. to record the statement of a top executive of the European consortium.

“Investigations conducted so far have thrown up some questions on the basis of which we will seek clarifications from Airbus executive vice-president Kiran Rao,” said a senior CBI official here on Thursday. The move indicates that the investigation is being speeded up. The deal was finalised during the UPA-I regime when NCP leader Praful Patel was the Civil Aviation Minister.

The deal came under the CBI scanner, and the agency registered a case in March 2013 against seven senior functionaries of Indian Airlines, which was later merged with Air India, and Airbus.