Vijay Mallya case: CBI court orders attachment of 21 accounts in Switzerland & UK - ShadowTV | Online News Media 24/7 | The Shadow Behind the Truths!

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Vijay Mallya case: CBI court orders attachment of 21 accounts in Switzerland & UK

In two separate requests a week ago, an uncommon CBI court has coordinated connection and restriction on 21 accounts held by Vijay Mallya and his partners in the United Kingdom and Switzerland. As indicated by the request gone by the exceptional court on July 12, the CBI had looked for issuance of Letter of Request (LR) to able expert of the UK on the sum lying in 17 records of Mallya and his partners — Rose Capital Venture, its sub-account, Drayton Resources, Black Forest Holdings, Harrison Finance Ltd, Balaji One­Three Gift Settlement, Balaji Two­Three Gift Settlement, Balaji Three­Three Gift Settlement, Force India Formula One Team, Kingfisher Airlines, TSB Bank, Lloyds Bank, UBS AG London and BNP Paribas, HSBC Bank, London. The court has permitted the connection and control of these records. 

In the request passed on July 13, the court permitted the connection or limit of the sum lying in four records — one for the sake of Mallya in Edmond De Rethchild (Suisse) SA Bank, Switzerland and three related records of Drayton Resources, Black Forest Holdings and Harrison Finance Ltd in CBH Bank in Switzerland till additionally arrange. The court has likewise guided the issuance of LR to skillful specialist of the UK and Switzerland to do the examination with respect to the records. A LR has likewise been issued to the able legal specialists to execute the request. 

The CBI had submitted under the steady gaze of the court that Mallya had looked for credit office from IDBI Bank offering corporate assurance of United Breweries (Holding) Limited and his very own certification. The CBI charged that the 'critical part' of the credit sum dispensed by different banks was pooled into the record of Mallya and Kingfisher Airlines kept up with Axis Bank.

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