A special CBI court has accused doctors of introducing new illnesses to extend the hospital stay of DHFL promoter Dheeraj Wadhawan, who is accused in the DHFL-Yes Bank loan fraud case. The court also noted that Wadhawan's family attempted to sneak a mobile phone into his hospital room. The CBI alleges that Yes Bank invested INR 4,727 crore ($633 million) in DHFL bonds in return for a kickback to then CEO Rana Kapoor.
On July 11, the special court allowed Wadhawan to take treatment in a private hospital but restrained him from staying beyond eight days. Last week, Wadhawan was operated upon in the hospital. However, his doctor, Dr Gokhale, approached the court for an extension of his hospitalisation for three to four more days
A special court in Mumbai has rejected a plea by DHFL promoters Kapil and Dheeraj Wadhawan to allow them to video conference with their family members twice a day. The Wadhawan brothers are currently in jail in connection with a bank loan scam case. The court stated that allowing video calls would interfere with jail administration and hamper further investigation.
DHFL promoters, Kapil and Dheeraj Wadhawan, have been denied temporary bail on medical grounds by a special PMLA court in Mumbai. The court cited that the brothers had received the best medical care while in Taloja jail in Navi Mumbai. The Wadhawans had requested transfer to Arthur Road jail and interim bail, claiming they had been granted bail in another case by the Supreme Court. The court refused, stating that such requests would interfere with jail administration, and that the jail authorities would decide where the accused would remain under judicial custody.
Former non-executive director of DHFL, Srinath Sridharan, has been refused discharge from a cheque bounce case initiated by IDBI Bank. DHFL had obtained various credit facilities to the tune of INR150 crore ($20.3m) from IDBI Bank, and it was alleged that Aadhar Housing Finance, a DHFL group company, also availed credit facilities from the complainant bank. The cheque was returned due to a difference in signature, and the bank subsequently initiated proceedings against DHFL and its directors, including Sridharan.