₹100-crore private school case: Accused Arasakumar gets default bail
B.T. Arasakumar was granted default bail after the investigating agency failed to file its final report within 90 days
B.T. Arasakumar, a private school association founder and president, was granted default bail in a ₹100 crore fraud case by a Chennai special court on Tuesday. The Central Crime Branch arrested him on June 27, alleging he collected money from school administrators, promising to secure government approvals. The court noted that 92 days had passed without the investigating agency filing its final report, granting Arasakumar's request for more time.
The court also mentioned the Madras High Court had revoked his detention under the Goondas Act. Arasakumar must report to police daily and cannot abscond or tamper with evidence.
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