CBI seizes AgustaWestland helicopter in ₹34,000 cr DHFL scam case | Pics here

The agency has been carrying out searches at various locations for the past few days to locate assets acquired from the proceeds of the scam.

Published on: Jul 30, 2022, 21:33:02 IST

By HT News Desk

Prefer HTon Google

Share via

Copy link

The Central Bureau of Investigation has seized an AgustaWestland helicopter from the premises of builder Avinash Bhosale in Pune in connection with the ₹34,615-crore bank fraud case involving DHFL, officials said Saturday.

The seized AgustaWestland chopper from Avinash Bhosale's premises in Pune.

AgustaWestland helicopter seized from Pune property of builder in DHFL scam case.

The helicopter was discovered inside a vast fancy hall fashioned like a hangar, with pop culture posters lining the tall walls, at the residence of one of the DHFL fraud suspects, Bhosale, in Pune.

The federal probe agency had booked Dewan Housing Finance Ltd (DHFL), its former CMD Kapil Wadhawan, Director Deepak Wadhawan and others on June 20 in the bank fraud case worth ₹34,615 crore, making it the biggest such case probed by the agency

Forensic audits have discovered multiple instances of large-value loans being made to fictitious businesses without due diligence, security deposits, or pledges.

It was alleged that they had cheated a consortium of 17 banks led by Union Bank of India by siphoning off ₹34,615 crore bank loans by diverting them using falsified account books of DHFL.

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More