Bank freezes farmer's accounts for being Mallya's 'guarantor'


Pilibhit, May 21 (PTI) : Manmohan Singh, a 54-year-old farmer of a nondescript village here, does not even know who Vijay Mallya is, but his banking facilities have been terminated for standing as "guarantor" for the liquor baron, who has defaulted on loan repayment and is facing money laundering charges.

Singh, a resident of Khajuria Naviram village under Bilsanda police station, was informed by Naand branch of Bank of Baroda two days ago that his two accounts were being frozen for standing as "guarantor" for Mallya.

Acting on instructions of BOB regional office, Mumbai, Manager Mange Lal froze Singh's accounts, one having a deposit of Rs 12,000 and the other Rs 4,000.

Singh says he does not even know Mallya or anything about his company. "Leave alone Mallya or Kingfisher, I have never travelled to Mumbai or even Lucknow," he said.

The farmer said he had taken a loan of Rs four lakh some two years ago for which he had submitted documents relating to his land with the bank.

Meanwhile, Lal said he has got fresh orders from the regional office and Singh's accounts are being restored with immediate effect.

Mallya's Kingfisher Airlines has been accused of defaulting on bank loans of over Rs 9,400 crore.

 

  

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Comment on this article

  • Vincent Rodrigues, Frazer Town,B'lore

    Sun, May 22 2016

    There may be some mistakes from the Bank which may be explored on detailed investigation

    DisAgree Agree [1] Reply Report Abuse

  • NN, Mangalore

    Sat, May 21 2016

    The bank officials perhaps had too many bottles of Kingfisher when freezing the farmer's account.

    DisAgree [1] Agree [4] Reply Report Abuse

  • SMR, Karkala

    Sat, May 21 2016

    Due to this extraordinary ability to bully the nationalised banks,Subramanya swami will be asking PM Modi to replace IIT Ahmedabad and IIT Delhi gold medalist RBI governor Raghuram Rajan with liquor baron Vijaya Mallya as a new governor of RBI upon his grand return to India.

    Jai Hind

    DisAgree Agree [6] Reply Report Abuse

  • Langoolacharya., Belman/Washington,DC.

    Sat, May 21 2016

    I would prefer Baba Ramdev as new RBI Governor...instead of Mallya...I am afraid Mallya will print something shocking in the currency notes instead of MK Gandhi...

    ...JH...

    DisAgree Agree [1] Reply Report Abuse

  • Praveen, kulshekar

    Sat, May 21 2016

    Hope Nidderamayya is not the CM. Modi rule mein aisi choti choti baatein hoti rehtein hai.

    DisAgree [2] Agree [1] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sat, May 21 2016

    Do they have the guts to catch Naresh Shenoy, Lalit Modi or Vijay Mallya ...

    DisAgree [1] Agree [5] Reply Report Abuse

  • N.M, Mangalore

    Sat, May 21 2016

    Waah!! Waah!! Somali janata party.... you guys let Lalit Modi and Mallya escape, grant thousands of crores loans to hambunny's and haddanis and screw the common man...

    1. Unemployment is at all time. high and FII's are withdrawing money from India.
    2. Price of Food and other commodities have risen drastically.
    3. Exports have fallen for the 17th consecutive month.
    4. Rupee which was 58 per USD in 2014 is almost 68 today.
    5. Sensex has ped sharply.
    6. Farmers are committing suicide and 12000 tons of rice has gone missing from Punjab.
    7.Rich Business men are getting loans and their debts are being written off while the farmers are dying.
    8. Increase in Cess, Tax, Vat..
    9. PDS scam of 36,000 crores in BJP's Chattisgarh.
    10. 30,000 crore GSPC Scam in Gujarat.

    (K)acche din??!!

    DisAgree Agree [7] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sat, May 21 2016

    BEVKUF INDIA

    DisAgree [1] Agree [9] Reply Report Abuse

  • Elwyn Goveas, Mangalore

    Sat, May 21 2016

    Sorry state of affairs in our country where anything is possible.

    DisAgree [1] Agree [8] Reply Report Abuse

  • raghavendra m k, mumbai maharashtra

    Sat, May 21 2016

    BALIKA BHAKRA BANAYA. he should immediately meet amit shah and join BJP to save himself.

    DisAgree [1] Agree [7] Reply Report Abuse

  • arm, ksa

    Sat, May 21 2016

    Bagti Booth Ke Langoti Sahi.

    DisAgree Agree [5] Reply Report Abuse

  • sri, Karkala

    Sat, May 21 2016

    Very fun.
    Yea sub kangress ka kamal hai.

    DisAgree [12] Agree [5] Reply Report Abuse

  • S.M. Nawaz Kukkikatte, Dubai

    Sat, May 21 2016

    aur mallya ko UK ko BJP ne bheja.

    DisAgree [3] Agree [8] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sat, May 21 2016

    Catch any Tom, Dick or Harry with the name Manmohan Singh.
    Is this DIGITAL INDIA or FRUSTRATED INDIA ...

    DisAgree [7] Agree [26] Reply Report Abuse

  • Langoolacharya., Belman/Washington,DC.

    Sat, May 21 2016

    Wow, Jossey next may be you...did you signed any papers for Mallya???

    ...JH...

    DisAgree [3] Agree [7] Reply Report Abuse

  • ABD, LOS ANGELES

    Sat, May 21 2016

    JOSSEY WILL ONLY BE THE GUARANTOR FOR HIS FAVOURITE PARTY LEADERS

    DisAgree [4] Agree [4] Reply Report Abuse

  • Langoolacharya., Belman/Washington,DC.

    Sat, May 21 2016

    You mean, Jossey is Guarantor for Kalmady and Sheila Dixit???...

    ...JH...

    DisAgree [3] Agree [3] Report Abuse

  • Joseph F. Gonsalves, Bannur, Puttur / Mangalore

    Sat, May 21 2016

    Dear ABD, LOS ANGELES,

    Why not you being a guarantor. Don't ask me. BJP didn't give 15 Lakhs and were pocketed by themselves

    DisAgree [4] Agree [7] Report Abuse

  • ABD, LOS ANGELES

    Sat, May 21 2016

    @ JOSEPH. THE AMOUNT WAS SUPPOSED TO BE DISTRIBUTED TO THE PEOPLE OF INDIA....BUT UNFORTUNATELY BEFORE 16.5.2014 THE ITALIAN MAFIAS WITHDREW MONEY FROM SWISS A/C

    DisAgree [4] Agree [6] Reply Report Abuse


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Title: Bank freezes farmer's accounts for being Mallya's 'guarantor'



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