Yes Bank-DHFL Scam: Avinash Bhosale, a multi-millionaire business tycoon has been arrested by the Central Bureau of Investigation (CBI) in the Yes Bank-DHFL case. The arrested Avinash Bhosle is known to be close to top politicians in Maharashtra and will be produced before the court on May 27, 2022. Earlier in April, the central investigating agencies had carried out elaborate search operations at eight locations belonging to Pune-based multi-millionaire Avinash Bhosale.
The arrest of Avinash Bhosale by CBI has come nearly a month after the probe agency conducted raids on the premise of the business tycoon and two other builders Shahid Balwa and Vinod Goenka in Mumbai and Pune. The CBI raids were in connection with the cheating case related to Yes Bank and the Dewan Housing Finance Limited (DHFL) Scam.
CBI arrests ABIL group chairman Avinash Bhosale in Yes Bank-DHFL scam case: Officials
— Press Trust of India (@PTI_News)
May 26, 2022
Who is Avinash Bhosale?
Born into a middle-class family in 1960, Avinash Bhosle’s father was an engineer with CPWD who had decided that Avinash must have a hand-on experience in the construction business.
After Avinash failed Class 12, he agreed to follow his father’s directive to work under a qualified constructor and developer. After gaining few years of experience in construction field, Avinash Bhosale asked his father to allow him to construct his solo residential building under a supervision from a qualified civil…
