The special court under the Prevention of Money Laundering Act (PMLA) had sought a report from the Taloja Jail authorities on why Kapil and Dheeraj Wadhawan, the promoters of Dewan Housing Finance Corporation Limited (DHFL) and accused in the DHFL-Yes Bank scam, were taken to Lucknow via train without permission from the court. Accordingly, the Taloja authorities submitted a report before the court on Thursday which was taken on record.
The court will hear the matter next week.
The Wadhawans’ advocates had approached the special PMLA court after the prison authorities handed over custody of the Wadhawans to the CBI without permission from the courts.
The Wadhawans are currently being prosecuted by the CBI and the Enforcement Directorate (ED) in the Yes Bank-DHFL scam and have been behind bars for the last few years. The accused are in the custody of the special CBI and the PMLA court.
Their advocate, Rohan Dakshini from Rashmikant and Partners, said that the prison authorities sent the duo to Lucknow without permission from either the CBI or PMLA court.
The court then called for a report from the Taloja jail superintendent, which was submitted on Thursday. However, the same has not been made available to the Wadhawans’ legal team.
According to the investigating agencies, Yes Bank promoter Rana Kapoor entered into a criminal conspiracy with the Wadhawans to extend financial assistance to the DHFL through Yes Bank, in return for substantial undue benefits to him and his family members, through companies held by them.
The brothers were produced before the Hazratganj sessions court in Lucknow, which remanded them in CBI custody for seven days.