Categories: Jaipur

Loan scam: No decision SBI bail application of former Chief

Jaisalmer: The bail petition hearing from former SBI chairman Pratip Chaudhuri, who was sent to custody court over alleged fraud involving the sale of a hotel in Jaisalmer with very undervalued, remains incomplete on Monday.
The case, which was moved from court to court ADJ session, beginning after lunch and continued until after the trial period.
The next hearing has been scheduled for Tuesday.
fraud which allegedly lasted about 8-9 years ago.
Chaudhuri, who retired in 2013, sold two hotels worth Rs200 crore in Jaisalmer with much lower price Rs25 crore after declaring their non-performing assets.
After Chaudhuri, who was taken by the police here from Delhi, was produced in a lower court, his counsel moved bail applications.
Hanuman Sahai Jat CJM rejected the bail application after a brief hearing and ordered Chaudhuri to be sent to court custody till November 15.
The former head of the SBI was taken to the county jail.
Jawahar Choudhary Hospital as his health deteriorated.
Proponents hotel Godawan group demanding to produce a criminal record of Chaudhuri and the court issued the order after the additional public prosecutor wrote to Jaisalmer SP request a criminal record.
accused, Alchemist another director Alok Dhir, gets transit bail until November 9 of the Delhi High Court.

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