A Delhi court recently granted bail to Nitin Johri, an accused in the money laundering case linked to the alleged ₹56,000 crore bank loan fraud by Bhushan Steel
Johri, the former Chief Financial Officer (CFO) of Bhushan Steel, was arrested by the Enforcement Directorate (ED) in January 2024. He was later diagnosed with cancer and underwent surgery.
In an order passed on July 12, Special Judge (PC Act) Jagdish Kumar of the Rouse Avenue Court acknowledged that Johri falls under the category of sick and infirm. The court noted that due to Johri’s health condition, he may require expedited treatment, but the dates given for his medical tests were taking months.
Johri argued that after the removal of his cancerous kidney, he was left with only one functional kidney and had developed chronic kidney disease, further impairing his health. He emphasized that he was merely a salaried employee of Bhushan Steel and did not receive any proceeds of crime.
The Enforcement Directorate opposed the bail plea, contending that a second opinion from AIIMS indicated that Johri could be treated in the jail hospital. Despite this, the court granted bail considering Johri’s serious health condition.
Senior Advocate Pramod Kumar Dubey represented Nitin Johri in the case.
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