Delhi High Court assigns special CBI court to speed up trial in biggest bank fraud
Delhi High Court has designated a special CBI Court to expedite the trial of India's biggest bank fraud. The Central Bureau of Investigation (CBI) has charged Dheeraj Wadhawan, Kapil Wadhawan-promoters of embattled Dewan Housing Finance Ltd (DHFL)-and several others in the alleged loan fraud of Rs 34,614 crore.
The orders of the Delhi High Court designating a special CBI Judge to exclusively deal with the DHFL case were received on August 1. It is pertinent to mention that considering the gravity of the case and the enormous amount of documents filed by the CBI, number of accused and hundreds of witnesses involved, a special CBI Court had written to the High Court. In April this year, a special CBI Court had shared the information of the case with the High Court with a request to designate «one special court for doing this matter only».
Special CBI Judge Ashwani Kumar Sarpal, in a judicial order passed on April 27, had highlighted the fact that the documents filed by the CBI run into over 330,000 pages and are kept in 26 trunks.
The order passed on April 27 read «if the main chargesheet and this supplementary chargesheet are taken into consideration, then it shows that there are at present total 108 accused persons/entities who will be represented by different counsels».
«Further investigation is kept open by CBI especially in respect of money transferred to foreign countries for which formal permission is given above. The number of relied upon documents came in the court consists of about 3,31,000 pages kept in
