Special CBI Court Rejects Bail Plea Of Hilal Rather in Bank Loan Fraud Case

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Srinagar

A special CBI court in Jammu on Tuesday refused to grant interim bail to Hilal Rather, son of National Conference Leader Abdul Rahim Rather, in the Rs 177 crore bank fraud case.

“Court has rejected interim bail of accused Hilal Ahmad Rather in connection with a corruption case. He entered into a criminal conspiracy with the then officials of J&K Bank to get sanctioned a loan of Rs. 177.68 crore (approximately) & is lodged in Jammu Jail,” news agency ANI wrote on Twitter.

Hilal Rather had moved an application before the special CBI judge, Jammu seeking interim bail after the CBI filed a charge sheet against him in the Rs 177 crore J&K Bank loan fraud case on health grounds, citing the prevailing threat of contracting coronavirus during incarceration, said the report.

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