Mumbai: The Bombay High Court on Tuesday refused to grant pre-arrest bail to DHFL promoters Dheeraj Wadhawan and Kapil Wadhawan in connection with a money laundering case of Yes Bank being probed by the Enforcement Directorate.
The Wadhawans, who are presently in jail after being arrested by the CBI in the Yes Bank case, moved the high court last week seeking anticipatory bail in the money laundering case, and another case pertaining to alleged irregularities in the investment of employees' provident fund of the Uttar Pradesh Power Corporation Ltd (UPPCL).
Justice Bharati Dangre on Tuesday rejected the pleas in both the cases. Wadhawans' counsel Amit Desai last week argued that there was no case made out for money laundering and the
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