Special CBI Court Remanded Amitabh Jhunjhunwala To CBI Custody Till June 5 In Alleged Bank Loan Fraud Case

A Special CBI Court remanded Amitabh Jhunjhunwala, former Group Managing Director of Reliance Communications, to CBI custody until June 5 in an alleged bank loan fraud case. The agency sought custodial interrogation as part of its investigation into a suspected large-scale financial fraud involving Reliance Communications and related group entities.

Patiala House Court Grants Bail to IPAC Director Vinesh Chandel as ED Does Not Oppose Under PMLA Twin Conditions Rule

Patiala House Court granted bail to Vinesh Chandel in an ED money laundering case, noting no opposition from the agency. This is notable under PMLA Section 45, where strict twin conditions usually restrict bail unless courts are satisfied on innocence and conduct.

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.