DHFL Bank Fraud Case: CBI Arrests Former Director Dheeraj Wadhawan

The Central Bureau of Investigation (CBI) has apprehended former DHFL director Dheeraj Wadhawan in relation to a colossal bank fraud case involving 34,000 crores. The arrest comes after Wadhawan’s previous detention in the Yes Bank corruption case. Notably, the DHFL case marks the largest banking loan fraud in the country, with a consortium of 17 banks allegedly defrauded. Regulatory authorities have also taken action against the Wadhawan brothers, attaching their assets to recover outstanding dues. The Delhi High Court is currently considering a bail plea from Dheeraj Wadhawan, who has cited medical grounds for his release.

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