The Punjab and Haryana High Court has granted bail to Amit Dewan, an accused in the Rs 645 crore bank scam. Dewan was posted as Director of Finance in Haryana Power Generation Corporation Limited when the scam took place. Now, he has been dismissed from the service
In the scam, officials of IDFC First Bank and AU Small Finance Bank colluded with Haryana government officials to siphon off the government funds.
While granting regular bail, the bench of Justice Sandeep Moudgil observed that Dewan “has remained in custody since March 18; investigation in one of the FIRs stands completed, no further custodial interrogation or recovery is stated to be required.”
“Thus, the apprehension of tampering with evidence or influencing witnesses can be adequately addressed by imposing suitable conditions. Consequently, balancing the seriousness of the allegations with the settled principles governing personal liberty and pre-trial detention, this Court is of the considered view that further incarceration of the petitioner would serve no useful purpose. The petitioner, therefore, deserves to be enlarged on regular bail,” said the order.
