The Central Bureau of Investigation (CBI) arrested former DHFL director Dheeraj Wadhawan on May 14 in connection with a Rs 34,000-crore bank fraud case.
Wadhawan was apprehended in Mumbai on the evening of May 13, according to officials who spoke to news agency PTI. He was subsequently presented before a special court in Delhi on Tuesday and was remanded to judicial custody.
It’s noteworthy that Wadhawan had previously been charge-sheeted by the CBI in relation to this case back in 2022.
Prior to this arrest, Wadhawan had faced detention by the agency in connection with the Yes Bank corruption case and was released on bail.
The DHFL case, which the CBI has been investigating, pertains to the alleged defrauding of a consortium of 17 banks to the tune of Rs 34,000 crore, marking it as one of the largest banking loan frauds in the country.
