Archive · 20 Jun 2025

Ratul Puri Discharged in Moser Baer Bank Fraud Cases

Ratul Puri Discharged in Moser Baer Bank Fraud Cases

Imagine a businessman named Ratul Puri was accused of owing a lot of money to banks, like over a billion rupees.

The government investigated, but the judges looked at the evidence and said they didn't see enough proof that he did anything wrong on purpose.

So, the case was dismissed!

The government is trying to appeal the decision, but for now, the courts said it was more like a business disagreement than a crime.

They also noted that the banks didn't approve the government to investigate their own employees in these cases, which made it harder for the government to prove its case.

Sources