Mumbai: A financial scandal of unprecedented scale has come to light as the Central Bureau of Investigation (CBI) intensifies its probe into an alleged ₹34,615 crore bank fraud linked to DHFL and its former promoters, Kapil and Dheeraj Wadhawan. On Wednesday, the CBI carried out searches at 12
Month: June 2022
Mumbai: The Central Bureau of Investigation (CBI) conducted searches on Wednesday at 12 locations in Mumbai linked to the former promoters of DHFL—Kapil Wadhawan and his brother Dheeraj—along with builder Sudhakar Shetty of Sahana Group and associated companies. The raids followed the registration of a massive ₹34,615 crore bank fraud case against them. According to […]
The Central Bureau of Investigation (CBI) is investigating nine real estate firms for allegedly diverting ₹14,683 crore from Dewan Housing Finance Corporation Limited (DHFL). The funds were reportedly misused under the direction of former DHFL chairman Kapil Wadhawan, director Dheeraj Wadhawan, and businessman Sudhakar Shetty, who had financial interests in these
