Former CFO of long-grounded carrier Kingfisher Airlines, A Raghunathan, appeared before the Enforcement Directorate (ED) in Mumbai for the second day on Saturday (March 12) for questioning in connection with the money laundering probe in the alleged default of over Rs 900 crore loan from IDBI bank. “Yesterday, Raghunathan was questioned for around eight hours. He is being interrogated for the second day today,” a senior ED official said. The former Chief Financial Officer (CFO) of KFA appeared before the ED office in Mumbai around 11 am. 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. Apart from Raghunathan, summons have also been issued to former Chairman and Managing Director of the bank, Yogesh Agarwal and other senior executive members and officials of both the organisations. Officials had earlier indicated that the agency would question some important functionaries of the bank and the airlines before they decide on issuing summons to the main player and liquor baron Mallya in the case
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