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Bank thinks Pilibhit farmer is Vijay Mallya's 'guarantor', freezes his bank accounts

News Agencies | Updated on: 21 May 2016, 17:49 IST

Manmohan Singh, a 54-year-old farmer of Uttar Pradesh's Khajuria Naviram village under Bilsanda police station in Pilibhit district, does not know who Vijay Mallya is. But Singh's banking facilities have been terminated on charges that he stood as "guarantor" for the liquor baron, who has defaulted on loan repayment and is facing money laundering charges.

Two days ago, the Naand branch of the Bank of Baroda informed Singh that two of his 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. "Forget Mallya or Kingfisher, I have never travelled to Mumbai or even Lucknow," he said.

The farmer said he had taken a loan of Rs 4 lakh some two years ago - for which he had submitted documents relating to his land with the bank.

Meanwhile, the bank manager 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.

-PTI

First published: 21 May 2016, 17:49 IST
 
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