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Ex-Bank Official Denied Bail in ₹550 Crore Fraud
📷 Image: Wikimedia Commons / Institution:Prime Minister's Office (India)
Crime

Ex-Bank Official Denied Bail in ₹550 Crore Fraud

✍️ Hindustan Times 🗓 12 Aug 2026, 10:33 AM 👁 57
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A CBI court in Haryana has denied bail to a former bank official accused in a ₹550 crore fraud case. The official's bail plea was rejected due to the seriousness of the allegations.

A significant development has taken place in a high-profile fraud case in Haryana, where a former bank official has been denied bail by a CBI court. The case involves a massive ₹550 crore fraud, and the court's decision reflects the seriousness with which such financial crimes are being treated. The accused, a former official of a prominent bank, had applied for bail, but the court rejected the plea, indicating that the allegations against the individual are substantial and require thorough investigation.
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