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Delhi HC junks Amtek's Arvind Dham's bail plea in INR 250-bln bank fraud case

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Delhi HC junks Amtek's Arvind Dham's bail plea in INR 250-bln bank fraud case

This story was originally published at 18:59 IST on August 19, 2025  Back
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The Delhi High Court Tuesday rejected a bail petition filed by Arvind Dham, former chairman of the Amtek Group, in connection with a case of defrauding banks to the tune of INR 250 billion. The Enforcement Directorate had arrested Dham on Jul. 9, 2024, under provisions of money-laundering laws in the case of ACIL Ltd., an Amtek Group company. Subsequently, the Rouse Avenue court in Delhi had granted his custody to the agency.

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