Supreme Court orders Dheeraj Wadhawan to surrender in ₹34,000 crore DHFL bank fraud case

SC Cancels Bail of Dheeraj Wadhawan in DHFL Scam

In a major ruling, the Supreme Court of India has cancelled the bail granted to Dheeraj Wadhawan, one of the prime accused in the ₹34,000 crore DHFL bank fraud case, directing him to surrender within two weeks.
The Delhi High Court had earlier granted Wadhawan bail on medical grounds, but the Central Bureau of Investigation (CBI) challenged the decision. The Supreme Court constituted a medical board from Sir J.J. Hospital, Mumbai to evaluate Wadhawan's health condition.
Upon reviewing the board&rsquo;s findings, which stated that no immediate medical treatment was necessary, the top court rejected Wadhawan&rsquo;s plea, overruling the High Court&rsquo;s September 2024 order.
The accused, part of the now-defunct Dewan Housing Finance Corporation Limited (DHFL), is allegedly involved in orchestrating one of India&rsquo;s biggest banking frauds, amounting to ₹34,000 crore.
The CBI, represented by Additional Solicitor General S.V. Raju, has welcomed the court's decision as a positive step in holding financial offenders accountable.

5 ઑગસ્ટ, 2025 | 19:35 IST

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