Published On : Tue, Nov 5th, 2019

Navodaya Bank Scam: HC grants bail to Anant Dakshindas

Nagpur: Nagpur Bench of Bombay High Court on Tuesday granted bail to consultant Anant Ramchandra Dakshindas, one of the accused in multi-crore Navodaya Bank Scam. Senior Advocate Sunil Manohar and Adv Uday Dable appeared for the accused before the court.

Besides, former Congress MLA Ashok Dhawad who surrendered before the special court of Maharashtra Protection of Interest of Depositors (MPID) on Monday, along with 16 others ex-directors of the bank had been charged with fraud, forgery and criminal breach of trust by the Economic Offences Wing (EOW) on the basis of a complaint lodged by the auditor of State Department of Cooperatives.

Last month, the EOW officials arrested former CEO of the bank Samir Chatte. With Chatte’s arrest the number of arrests in the case rose to 23 while 40 others are still absconding.
All of them were accused of duping hundreds of investors by distributing bogus loans between 2010 and 2015.