{
  "id": 3995758,
  "title": "ED freezes ₹51 crore in DHFL loan ‘fraud’ case",
  "url": "https://urgent.news/2026/08/28/ed-freezes-51-crore-in-dhfl-loan-fraud-case",
  "topic": "world",
  "section": "World",
  "published": "2026-08-28T17:06:43.000Z",
  "source": {
    "name": "The Hindu",
    "slug": "the-hindu",
    "url": "https://www.thehindu.com/news/national/ed-freezes-51-crore-in-dhfl-loan-fraud-case/article71400849.ece"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Enforcement Directorate (ED) has frozen ₹51.75 crore in a bank account as part of an investigation into a bank loan fraud case involving Dewan Housing Finance Corporation Limited (DHFL) and its promoters. The ED probe, under the Prevention of Money Laundering Act (PMLA), was initiated following a First Information Report (FIR) registered by the Central Bureau of Investigation (CBI) on behalf of a consortium of 17 banks. The FIR alleges that the accused, including Kapil Wadhawan and Dheeraj Wadhawan, conspired to cheat the consortium banks, which had sanctioned credit facilities totaling ₹42,871.42 crore to DHFL. The funds were allegedly misappropriated through falsification of the books of accounts, resulting in a loss of approximately ₹34,615 crore to the consortium lenders. Additionally, a foreign asset, Hurtmore House in the United Kingdom, held in the name of Kapil Wadhawan's wife, Vanita Wadhawan, was allegedly disposed of through a series of transactions to settle an Indian liability arising from the DHFL loan fraud. The ED has frozen an amount of $5.41 million (approximately ₹51.75 crore) from the bank account of Al Jalore Trading FZE, which received the sale proceeds of the U.K. property.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Press Journal",
        "title": "ED Freezes Rs 51.75 Crore Bank Deposit in ₹34,615 Crore DHFL Fraud Case",
        "url": "https://urgent.news/2026/08/28/ed-freezes-rs-51-75-crore-bank-deposit-in-34-615-crore-dhfl-fraud-case",
        "published": "2026-08-28T11:31:44.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}