Mumbai: Bail denied to Rs 97 lakh bank fraud accused

MUMBAI: A sessions court rejected the bail plea of a 32-year-old man from Uttar Pradesh, one of the two accused arrested in October in the case involving the illegal transfer of Rs 97 lakh from the ledger account of Mogaveera Co-operative Bank in 2018.
The court noted that the accused, Vinit Singh, was absconding after the high court rejected his pre-arrest bail plea. Singh blamed the Covid-19 pandemic and said that he was stuck in his village.
Retired assistant general manager of the bank, Kishor Raju Amin, the complainant in the case, had submitted an intervention plea opposing Singh's bail, through his advocate Samir Shisode.
"The applicant is arrested from his native place from UP. Co-accused Rohit Singh, despite imposing conditions to attend the police station concerned every Thursday and Sunday, does not attend. In view of all these facts...no case is made out for grant of bail to the applicant," the court said.