DHFL Fraud: CBI arrests Dheeraj Wadhawan in a case involving a Rs 34,000 crore bank loan scam

In connection with the bank fraud investigation involving Dewan Housing Finance Corporation Ltd (DHFL) around Rs 34,000 crore, the Central Bureau of Investigation (CBI) detained Dheeraj Wadhawan on Tuesday. This case, which concerns the purported deception of 17 banks, is being referred to as India's biggest banking loan scam. Wadhawan was already charged by the central agency in 2022 for his involvement in this case. Wadhawan was previously arrested by the CBI as part of the Yes Bank corruption investigation and then freed on bond.