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Special court refuses bail to private bank manager in demonetisation fraud
Special court refuses bail to private bank manager in demonetisation fraud
In A Case Of Alleged Irregularities In Facilitating The Conversion Of About Rs 35 Crore Worth Of Demonetised Currency, A Special Court Has Denied Bail To A Suspended Officer Of A Private Bank. PTI | Updated on: 24 May 2017, 06:42:44 PM
New Delhi:
In a case of alleged irregularities in facilitating the conversion of about Rs 35 crore worth of demonetised currency, a special court has denied bail to a suspended officer of a private bank.
Special Judge Hemani Malhotra dismissed the bail plea of Ashish Kumar, the then manager of Kotak Mahindra Bank, saying the allegations against him were serious and prima facie showed that he had cheated the government and public of crores of rupees.