Pune businessman Avinash Bhosle has been sent to the custody of Central Bureau of Investigation (CBI) till June 8 in an alleged case of corruption involving Yes Bank and Dewan Housing Finance Corporation Ltd (DHFL).
The court has also rejected the application made by Bhosale by which he claimed illegal arrest by the agency. Bhosale, who was arrested on May 26 by the central agency, had been staying at the CBI guest house since May 27 after he levelled the allegation of illegal arrest and the court had given time to the CBI to file a reply. It was only after hearing elaborate arguments that the court passed the order.
Special CBI judge DP Shingade started dictating an elaborate order on Tuesday pronounced that the application on illegal arrest was rejected, and Bhosale was sent to CBI custody. About the detailed order, the judge said that it would take some time and said, “Dictation given but transcription not ready, hence, operative order is pronounced in open court.”
The judge added, “The objections raised by the accused to the remand application are hereby rejected and the accused is remanded in CBI custody till June 8”. The judge further said, “The CBI is permitted to take the accused outside Mumbai or State of Maharashtra, if required for purpose of the investigation.”
Bhosale was brought to court around noon on Tuesday and patiently waited for the order while sitting in the dock meant for accused inside the court room. He told the court that he had no complaint against the CBI sleuths.
The judge further added that since, the CBI custody remand of the accused has been granted today the application filed by accused of various reliefs like directing the investigating agency to conduct the investigation under audio visual CCTV surveillance, permitting presence of the advocates during the interrogation and other such reliefs could not be decided today as the CBI has not filed the written reply. Judge Shingade added, “The application is required to be heard urgently and the CBI is directed to file reply, if, any on June 1 on or before 11.30am”.
61-year-old Bhosale was arrested for allegedly routing illicit funds through several real estate companies based in Maharashtra. According to the agency, Bhosale’s companies received Rs 68.82 crores from DHFL in 2018 for consultancy services provided for certain projects. However, Bhosale’s companies received payment without providing any services, claimed the agency.