business
₹7,080.86-crore PNB fraud: CBI court refuses to release Choksi’s international business head on bond
Summary by The Mumbai Editorial Desk Hindustan Times — Mumbai
· October 8, 2026
· 1 min read
Photo: Hindustan Times — Mumbai · view original
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Summary created by The Mumbai Editorial Desk — automated, rule-governed Published by Hindustan Times — Mumbai Original story Read at the source Source published Oct 8, 2026 Indexed here Oct 8, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points This decision affects Sunil Bajranglal Varma, who previously held a key position in Mehul Choksi's business operations. The case involves a significant amount of money, reportedly ₹7,080.
A plea for release on bond has been rejected by a special court. This decision affects Sunil Bajranglal Varma, who previously held a key position in Mehul Choksi's business operations. Varma was the international business head of the Gitanjali Group, a company linked to Choksi.
The case involves a significant amount of money, reportedly ₹7,080.86 crore. Further details about the allegations and the court's decision are available from the source.
The court's ruling means Varma will not be released on bond at this time. The special court is constituted under the Central Bureau of Investigation.
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Category: business Published: October 8, 2026 Source: Hindustan Times — Mumbai Reading time: 1 min
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What is this story about? A plea for release on bond has been rejected by a special court. This decision affects Sunil Bajranglal Varma, who previously held a key position in Mehul Choksi's business operations. Varma was the…
When was this published? This article was first published on October 8, 2026 by Hindustan Times — Mumbai and curated for The Mumbai readers.
Who reported this story? This story was reported by Hindustan Times — Mumbai. To learn more about how The Mumbai selects and reviews stories, see our editorial standards .
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