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A Mumbai court has granted bail to Chairman and MD of Dewan Housing Finance (DHFL), Kapil Wadhawan, who was arrested on January 27 by the Enforcement Directorate (ED) in connection with a money laundering case. According to ED, Wadhawan was instrumental in laundering money as part of an “illegal deal” with gangster Iqbal Mirchi who died in 2013 in London.
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