Depositors move HC against bail of chief accountant
Depositors move HC against bail of chief accountant
ByArchana MoreArchana More / Updated: Jan 12, 2021, 06:00 IST
Their
intervention application against his bail plea lists out wrongdoings by Shailesh Bhosale; HC approves it
The jailed chief accountant of the scam-tainted Shivajirao Bhosale Co-operative Bank, Shailesh Bhosale, has now filed a
bail application before the
Bombay High Court. Contesting his application, depositors of the bank, represented by a 12-member committee, have filed an intervention application, bringing to HC’s notice the irregularities that happened under his watch. The court has approved the intervention.
Bhosale (47) was arrested on February 25, 2020, by the economic offences wing (EOW) of Pune crime branch. He was booked on the charges of cheating, forgery and relevant sections of the Maharashtra Protection of Interest of Depositors (in Financial Institutions) or MPID Act, along with 13 others, including former