Bombay HC rejects anticipatory bail plea of Kapil, Dheeraj Wadhawan in UPPCL EPF case
May 12, 2020
Mumbai (Maharashtra) [India], May 12 : Bombay High Court on Tuesday rejected the anticipatory bail plea of DHFL promoters Kapil Wadhawan and Dheeraj Wadhawan in connection with the Uttar Pradesh Power Corporation Ltd employees provident fund case.
The Central Bureau of Investigation (CBI) is probing the alleged irregularities in the investment of Employees Provident Fund (EPF) of the UPPCL in scam-tainted DHFL. The Enforcement Directorate (ED) is also probing the matter.
Both Kapil Wadhawan and Dheeraj Wadhawan are already in judicial custody in connection with Yes Bank scam case.
The two brothers have also filed a bail plea in Yes Bank scam case, which is scheduled to be heard by a special CBI court in Mumbai on May 13.
They had been in CBI custody until May 10 since their arrest by the probe agency in the Yes Bank scam case on April 26.
DHFL promoters Kapil and Dheeraj Wadhawan had not appeared before the Enforcement Directorate (ED) last month in connection with the probe against Yes Bank promoter Rana Kapoor and others for money laundering.
