Businessman Avinash Bhosale sent to 14 days of Judicial Custody in Yes Bank-DHFL scam case | Photo Credit: http://www.abilgroup.com
Pune-based businessman Avinash Bhosale sent to 14 days of Judicial Custody in Yes Bank-DHFL scam case as per TV news channel Republic.
Bhosale was arrested on Thursday (May 26) by the central probe agency, which suspects illicit funds were routed through several real estate firms based in Maharashtra.
The CBI produced him before special judge DP Singhade the next day (May 27) and sought his custody for ten days.
However, the court couldn’t pass an order on probe agency’s remand plea on the same day as the hearing could not be completed within stipulated working hours.
A decision on the remand plea could also not be taken as the CBI sought time from the court to file a written reply to objections raised by the Pune-based realtor over his arrest which he termed as illegal.
The court had given the probe agency time till May 30 for file a reply and directed that the accused be kept at the CBI guest house at Bandra-Kurla Complex, a business district in suburban Mumbai, until then.
On Monday, too, the court could pass an order on Bhosale’s remand. The court, after hearing arguments put forth by the defence and the prosecution, had posted the matter for order on Tuesday.
Accordingly, the court remanded the 61-year-old businessman to the CBI custody till June 8.
During the hearing, the CBI, represented by additional solicitor general Anil Singh and…
