CBI court rejects bail plea of CSCLs exchief finance officer in public funds diversion case

Image for article CBI court rejects bail plea of CSCLs exchief finance officer in public funds diversion case
News Source : The Indian Express

News Summary

  • Judge says investigation at initial stage; finds no material to show treatment being denied in custody.
  • Nalini Malik, former chief finance officer (CFO) of Chandigarh Smart City Limited (CSCL), is an accused in a case relating to the alleged diversion of government funds through fraudulent banking transactions.
  • Malik had sought bail primarily on medical grounds, claiming that she was suffering from kidney-related ailments, elevated creatinine levels, hypertension, anxiety, depression and other health issues.

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