📷 Image: Wikimedia Commons / Prime Minister's Office
Crime
Court Rejects Bail Plea of Banker Involved in Haryana Fund Scam
✍️ The Times of India
🗓 30 Sep 2026, 04:37 AM
👁 9
A banker who cleared inflated interest in the Haryana fund scam had his bail plea rejected by the court.
A court in Haryana has denied the bail application of a banker who had previously cleared inflated interest in the state’s fund scam. The banker’s request to be released pending trial was turned down, keeping him in custody while the case proceeds.
The decision follows the banker’s involvement in the scheme, where he reportedly processed or approved inflated interest rates that were later scrutinised by authorities. By clearing these amounts, he was deemed a key participant in the financial irregularities.
The rejection underscores the judiciary’s stance on the seriousness of the fund scam, signalling that those who facilitate financial misconduct will face stringent scrutiny and limited bail options.
The decision follows the banker’s involvement in the scheme, where he reportedly processed or approved inflated interest rates that were later scrutinised by authorities. By clearing these amounts, he was deemed a key participant in the financial irregularities.
The rejection underscores the judiciary’s stance on the seriousness of the fund scam, signalling that those who facilitate financial misconduct will face stringent scrutiny and limited bail options.