Wednesday 16 November 2016

How govt and SBI are protecting those who helped Vijay Mallya


It is disturbing to note that the Sbi has written of the loans given by it to Vijay Mallya. Since May this year RTI Activist Anil Galgali had filed a RTI seeking details of the Agenda and Minutes of the meeting where the decision was taken to give a loan to Mallya. In spite of six months Sbi is just not ready to give any details. It makes me wonder what national interest is being served by not disclosing these details, said Galgali.  The reason SBI is not giving the details we have asked because it would reveal the names of the people and the role they played in clearing Mallyas loan, add Galgali.


RTI Activist Anil Galgali had sought information from the State Bank of India about the total quantum of loan extended to Vijay Mallya and also the details of the Board of directors meetings such as Agenda, proposal, approvals and the Minutes of the meeting in which the loan proposals were sanctioned. In a response to the query the Deputy General Manager and Public Information Officer of the Stressed Assets Management Branch informed that the case is subjudice and is pending before the enquiry commission and deriving exemption from disclosure under Section 8(1)(h) of Right to Information Act. Section indicated that the information which would impede the process of investigation or apprehension or prosecution of offenders, the information was refused, surprisingly they also refused to reveal the names of the persons and their designation, who attended the Board of Directors meeting.

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