DHFL scam: Court refuses to send Wadhawan brothers to further CBI remand

CBI has argued that there has been a certain discovery of shares valued to the tune of Rs 18 crores during the interrogation done in the matter

|Jul 31, 2022, 16:05:50 IST

New Delhi: A Special CBI Court of Delhi has declined the remand application moved by the Central Bureau of Investigation (CBI) seeking further remand of accused Kapil Wadhawan and Dheeraj Rajesh Wadhawan in the DHFL scam.Special Judge Vishal Gogne on Saturday dismissed the application filed by the CBI seeking further police custody for three more days on the ground that there is no necessity for further custodial interrogation in the matter.Court sent them to judicial custody till 5 August 2022, to conduct further investigation into M/s Dewan Housing Finance Corporation Limited (DHFL) scam to tune 34000 crores.Court noted that the CBI's assessment projected new information inter-alia shares, searches at other properties, an investigation into recovered articles like a helicopter, and investigation into multiple alleged shell companies can be carried out and continued without any particular accretion to investigation from further police custody (CBI custody) of the present two accused.Even if the Court were to mildly comment on the specifics, it may be observed that the mobile phone purportedly recovered from the custody of co-accused Ajay Nawandar has been with the CBI for more than two weeks whereas the mobile phone purportedly now recovered from co-accused Sunny Bathija, the brother-in-law of accused Dheeraj Wadhawan has not been cloned yet and is incapable of being presently used for any confrontation with accused Dheeraj Wadhawan.Court also said, "the continuation of further investigation may well be the necessity of the detailed allegations. It can, however, not be a reason by itself to grant police custody only because it can be granted. The application for police custody is declined."CBI argued that there has been a certain discovery of shares valued to the tune of Rs 18 crores during the interrogation done in the matter. Further, it was argued that the investigation has also established that the records were dishonestly falsified and material information was concealed from the records of DHFL in order to divert and siphon off the funds dishonestly & fraudulently, availed from different consortium banks led by Union Bank of India.Read all the Latest News, Trending News, Cricket News, Bollywood News,India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram.

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