Mallya involved in IPL scam?

New Delhi June 14: A scam has emerged recently. A famous TV channel has broke the scam by accessing the emails of United Spirits Limited a company of Vijay Mallya. The shocking details present in emails are as follows

*Mallya might have diverted the loan taken from SBI to his IPL venture Royal Challengers Bangalore. banks say that they have issued loans for Reviewing Kingfisher Airline company and not for RCB.

* The banks have recognized his attempts and blocked them
* Internal sources reveal that the top management has used indigenous way to divert tax payers money to IPL. The scam took place in January 2009.



* Emails reveal that he used his airline industry to divert an amount of RS 16 crore to RCB via Airline and his beer company as intermediates.

* Sources say that the company has bypassed bank rules by transferring money into various accounts.

However, the liquor baron and King of Good Times had denied all the allegations and said that he has evidence to prove that he has not misused any funds.