Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • PM Modi in Manipur
  • Charlie Kirk killer
  • Sushila Karki
  • IND vs PAK
  • India-US ties
  • New human organ
  • Downton Abbey: The Grand Finale Movie Review
fp-logo
DHFL scam: CBI seizes AgustaWestland helicopter from Pune premises of accused
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • India
  • DHFL scam: CBI seizes AgustaWestland helicopter from Pune premises of accused

DHFL scam: CBI seizes AgustaWestland helicopter from Pune premises of accused

Press Trust of India • July 31, 2022, 07:47:10 IST
Whatsapp Facebook Twitter

The CBI seized an AgustaWestland helicopter from the premises of builder Avinash Bhosale in Pune on Saturday in connection with the Rs 34,615-crore DHFL scam case, officials said.

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
DHFL scam: CBI seizes AgustaWestland helicopter from Pune premises of accused

New Delhi: The CBI seized an AgustaWestland helicopter from the premises of builder Avinash Bhosale in Pune on Saturday in connection with the Rs 34,615-crore DHFL scam case, officials said Saturday. It is alleged that the AW109SP helicopter was purchased by Varva Aviation, owned by an Association of Persons, in 2011 for Rs 36 crore, they said. RKW Developers Pvt Ltd, which is owned by the Wadhawan family of DHFL Group, had allegedly joined the Association in 2017 by paying crores of rupees for the membership and maintenance of the chopper, they said. It was reasonably apprehended that funds used by RKW Developers for buying stake in the Association were sourced from loans sanctioned by various banks of the 17-member consortium which was cheated by DHFL and its former CMD Kapil Wadhawan and Director Dheeraj Wadhawan, among others, to the tune of Rs 34,615 crore, they said. After getting input about the investment, the CBI on Saturday seized the helicopter from a hangar at the premises of builder Avinash Bhosale at Baner Road, Pune, they said. The CBI has recently charge-sheeted Bhosale in a separate case of corruption in DHFL and Yes Bank, they said. The federal probe agency had booked Dewan Housing Finance Ltd, the Wadhawan brothers and others on June 20 in the bank fraud case worth Rs 34,615 crore, making it the biggest such case probed by the agency, officials said. It was alleged that they had cheated a consortium of 17 banks led by Union Bank of India by siphoning off Rs 34,615 crore bank loans by diverting them using falsified account books of DHFL. They allegedly used shell companies and a parallel accounting system known as ‘Bandra Books’ to siphon off public funds in DHFL by disbursing money to fictitious entities as retail loans. The agency acted on a complaint from Union Bank of India, the lead bank of the consortium which had extended credit facilities to the tune of Rs 42,871 crore to DHFL between 2010 and 2018. The bank has alleged that the Wadhawans in criminal conspiracy with others misrepresented and concealed facts, and committed a criminal breach of trust to cheat the consortium by defaulting on loan repayments from May 2019 onwards. The audit of DHFL account books showed that the company allegedly committed financial irregularities, diverted funds, fabricated books, and round-tripped funds to “create assets for Kapil and Dheeraj Wadhawan” using public money. Read all the Latest News , Trending News , Cricket News , Bollywood News , India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram.

Tags
Avinash Bhosale CBI seizes AgustaWestland helicopter
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Impact Shorts

'New dawn': PM Modi meets Manipur violence victims in first visit since 2023 unrest

'New dawn': PM Modi meets Manipur violence victims in first visit since 2023 unrest

Prime Minister Modi visited Churachandpur, Manipur, meeting displaced people from ethnic clashes. Modi laid foundation stones for 14 development projects worth over ₹7,300 crore in Churachandpur. Opposition criticized Modi's visit as "too little, too late" and questioned its impact on healing wounds.

More Impact Shorts

Top Stories

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Top Shows

Vantage Firstpost America Firstpost Africa First Sports

QUICK LINKS

  • Mumbai Rains
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV