P&H: Grants Bail to Bank Field Officer Accused of Misusing Loan Accounts, Cites Long Custody and Slow Trial
The Punjab and Haryana High Court has granted regular bail to Mohar Singh alias Moharu, who was accused of misusing his position as a field officer to fraudulently obtain loan amounts in the names of women borrowers.
Justice Sanjay Vashisth noted that the petitioner had already spent more than 1 year and 8 months in custody, had no previous criminal case against him, and the trial was likely to take considerable time to finish.
According to the FIR, the complainant, a branch manager of Bharat Financial Inclusion Limited, alleged that the petitioner and co-accused induced women borrowers on the false...