DHFL chairman Wadhawan gets bail in Mirchi case

A special court on Friday granted bail to Kapil Wadhawan, chairman and managing director of Dewan Housing Finance (DHFL) who is accused of having dealings with dead gangster Iqbal Mirchi in the past. Kapil Wadhawan (46) was arrested on January 27 by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA).

ED arrests DHFL promoter Kapil Wadhawan

The Enforcement Directorate (ED) has arrested the chairman and managing director of Dewan Housing Finance Ltd (DHFL), Kapil Wadhawan, in connection with its money laundering probe against dead gangster Iqbal Mirchi and others, officials said on Monday. They said Wadhawan has been arrested under the PMLA as he was allegedly not cooperating in the probe.