Pune court discharges Marathe, Gupta and Muhnot in DSK fraud case

The court in its order stated that the three accused were discharged from the offences registered with Shivajinagar Police station and their bail bonds were cancelled

A local court in the city has accepted the closure report filed by the Economic Offences Wing (EOW) of Pune police in connection with the Bank of Maharashtra (BoM) fraud case involving RP Marathe, managing director; RK Gupta, executive director and the banks former managing director Sushil Muhnot.The court in its order stated that the three accused were discharged from the offences registered with Shivajinagar Police station and their bail bonds were cancelled. The EOW arrested the trio in June 2017 on charges of misusing their position in sanctioning and disbursing loans to Deepak Sakharam Kulkarni’s (DSK) firm DSKDL.

Investers of DSK protest outside Bank of Maharashtra at Lokmangal,Shivajinagar in Pune last year. (HT FILE PHOTO)