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Money laundering case: Wadhawan brothers secure bail; Bombay HC cites long incarceration, distant trial
Updated On: 13 February, 2025 02:14 PM IST | Mumbai | mid-day online correspondent
The bench said the Dewan Housing Finance Limited (DHFL) promoters have been in custody for four years and nine months and there was no possibility of the trial commencing in the near future
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The Bombay High Court granted bail to DHFL promoters Dheeraj and Kapil Wadhawan in connection with the 2020 Yes Bank money laundering case, citing their long incarceration and the unlikelihood of the trial starting soon, reported news agency PTI.
A single bench of Justice Milind Jadhav on Wednesday granted bail to the brothers on a bond of Rs 1 lakh each, reported PTI.
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