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SBI fraud: 8 bank officials, Harshad Mehta's brother acquitted

Updated : November 07, 2018 06:56 AM IST

Justice Shalini Phansalkar Joshi, who presides over the special court set up for cases related to the 1992 securities scam, said in her judgement last week that there was no hesitation in holding that that the prosecution had failed to prove the case beyond reasonable doubt.
Ashwin Mehta was a constituted attorney of Harshad Mehta and also one of the stockbrokers in his brother's firms.
SBI Caps routed all 24 transactions via Harshad Mehta and allegedly suffered a loss, according to the Central Bureau of Investigation (CBI), the prosecuting agency in the case.
SBI fraud: 8 bank officials, Harshad Mehta's brother acquitted

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