DHFL director Dheeraj Wadhawan arrested by CBI in Rs 34,000-crore bank fraud case, sent to judicial custody

DHFL scam

The Central Bureau of Investigation (CBI) on May 14 arrested former DHFL director Dheeraj Wadhawan in connection with a Rs 34,000-crore bank fraud case.

Wadhawan was taken into custody from Mumbai on May 13 evening, the officials told news agency PTI and added that he was produced before a special court in Delhi on Tuesday that sent him to judicial custody.

He was already charge-sheeted by the CBI in connection with the case in 2022.

Wadhawan was earlier arrested by the agency in connection with the Yes Bank corruption case and was on bail.

The CBI had registered the DHFL case related to the alleged defrauding of a consortium of 17 banks to the tune of Rs 34,000 crore, making it the biggest banking loan fraud in the country.

(With PTI inputs)