DHFL Case: CBI has registered a case against DHFL’s Kapil Wadhawan and Dheeraj Wadhawan in the alleged fraud case of Rs 34,615 crore with a consortium of 17 banks led by Union Bank of India. Let us tell you that this is the biggest bank fraud ever that has come under the scanner of the agency. At present, the officials said that the CBI is searching 12 locations of the accused in Mumbai.
Let us tell you that the investigating agency has allegedly linked Dewan Housing Finance Corporation Ltd. (DHFL), the then chairman and managing director Kapil Wadhawan, director Dheeraj Wadhawan and six realty sector companies along with a consortium of banks led by Union Bank of India. A case has been registered for involvement in criminal conspiracy for cheating of Rs 34,615 crore.
The CBI took action on the basis of a complaint received from the bank on February 11, 2022. The Wadhawan brothers are currently under the scanner of the CBI in the alleged corruption case.