DHFL loan scam: 7 cops suspended for providing special treatment to Wadhawan brothers

livemint.com:

bank loan scam. A TV channel recently showed clips of the Wadhawan brothers enjoying various privileges in the guise of medical check-ups at government hospitals in Mumbai, while being in judicial custody. The Wadhawan brothers are currently lodged at the Taloja prison in neighbouring Navi Mumbai.

In a video, Navi Mumbai Police personnel escorted the Wadhawan brothers to hospitals from the Taloja prison. During the review, senior police officers found there was negligence by the police personnel who escorted the Wadhawan brothers. Thereafter, the Deputy Commissioner of Police (Headquarters) issued the suspension orders on Tuesday evening.

Both brothers are facing various cases of alleged cheating and fraud. Kapil Wadhawan was the Chairman and MD of DHFL, while Dheeraj Wadhawan is the brother of Kapil and was a non-executive director in the company. Both of them were on the board of DHFL.

Last month, a special CBI Court denied medical bail to Dheeraj Wadhawan, promoter of the now non-existent Dewan Housing Finance Ltd (DHFL), arrested in a case pertaining to alleged fraud at Yes Bank. The court, however, allowed him to undergo treatment at a private hospital for a heart-related ailment. On 31 July, capital markets regulator Sebi slapped fines totalling ₹20 lakh on Wadhawan brothers for flouting disclosure norms.