CFO of Kingfisher Airlines A Raghunathan Leaves ED Office

Former Chief Financial Officer (CFO) of long-grounded carrier Kingfisher Airlines A Raghunathan left the Enforcement Directorate (ED) office in Mumbai after questioning in connection with its money laundering probe in the alleged default of over Rs 900 crore loan from IDBI bank. The ED had issued summons to over half a dozen officials of the IDBI bank and Vijay Mallya-owned KFA under provisions of the Prevention of Money Laundering Act (PMLA) wherein all the individuals have been asked to submit details about their personal finances and Income Tax Returns (ITRs) of last five years to the investigators.

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