Rs 8.94 Crore Bank Fraud: Delhi Court Denies Bail to Alleged ‘Kingpin’, Calls Offence Systematic and Serious

A Delhi Court has rejected the bail plea of Nitin Birmal Dongre, accused of masterminding a Rs 8.94 crore bank fraud through layered transactions. The Court said the offence was grave and noted that two co-accused are still absconding.