Understanding the Arrest of Dheeraj Wadhawan in the Rs 34,000 Crore DHFL Scam,धीरज वाधवान की गिरफ्तारी

 Arrest of Dheeraj Wadhawan Unraveled in Rs 34,000 Crore DHFL Scam

Dheeraj Wadhawan's recent arrest in Mumbai is linked to the alleged Rs 34,000 crore scam involving Dewan Housing Finance Limited (DHFL). This case, considered one of India's largest banking frauds, implicates Wadhawan and his brother Kapil in defrauding a consortium of 17 banks. They are accused of criminal conspiracy, misusing public funds, and diverting loans to DHFL-linked entities. The investigation revealed fund diversion through disguised loans and advances to related parties. These actions resulted in substantial losses to the consortium, prompting legal action against the Wadhawan brothers and others involved.