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Wadhwhan Brothers Secure Bail in Money Laundering Case

Hindustan Times Ranchi

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February 14, 2025

The Bombay High Court granted bail to DHFL promoters Dheeraj and Kapil Wadhwan in connection with the 2020 Yes Bank money laundering case, citing their long incarceration and the unlikelihood of the trial starting soon.

- Press Trust of India

MUMBAI:

A single bench of Justice Milind Jadhav on Wednesday granted bail to the brothers on a bond of ₹1 lakh each.

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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