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Bombay HC grants bail to former VP of Gitanjali Group in PNB scam case
Updated On: 11 August, 2022 05:50 PM IST | Mumbai | PTI
The Central Bureau of Investigation (CBI) arrested Chitalia in March 2018 alleging that he was responsible for handling unauthorised Letters of Undertaking (LoUs) and foreign Letters of Credit (FLCs) and maintaining contact with the bank officials
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The Bombay High Court on Thursday granted bail to Vipul Chitalia, former vice-president of Mehul Choksi-promoted Gitanjali Group, more than four years after he was arrested in the multi-crore rupees Punjab National Bank (PNB) scam.
The Central Bureau of Investigation (CBI) arrested Chitalia in March 2018 alleging that he was responsible for handling unauthorised Letters of Undertaking (LoUs) and foreign Letters of Credit (FLCs) and maintaining contact with the bank officials.
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