[BREAKING] Delhi High Court denies bail to Ambience Group promoter Raj Singh Gehlot in bank fraud case

Gehlot was arrested in July last year on allegations that he and his associates siphoned off a large portion of ₹800 crore loaned by banks for construction of a five-star hotel in Delhi.

Raj Singh Gehlot, Delhi High Court

The Delhi High Court on Wednesday rejected bail to Ambience Group promoter Raj Singh Gehlot in a case related to an alleged bank loan fraud of ₹800 crores [Raj Singh Gehlot v Directorate of Enforcement].

Delhi High Court

Enforcement Directorate

PMLA

Raj Singh Gehlot

Justice Manoj Kumar Ohri

Ambience Group