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Bombay HC Grants Bail To Ex-Reliance Communications Executive In Alleged ₹618 Crore Bank Fraud Case
The Bombay High Court granted bail to former Reliance Communications executive Vishwanath Rao in a CBI case involving alleged diversion and round-tripping of loan funds. Justice Milind Jadhav observed that no specific overt act linking Rao to the alleged misrepresentation had been prima facie shown. He was granted bail on a Rs 1 lakh bond.
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