Bail Denied To Man Accused In ₹411 Crore Medical Procurement Scam, Cited As 'Threat To Financial Health Of Country': Chhattisgarh High Court
The Chhattisgarh High Court, under the bench of Chief Justice Ramesh Sinha, has denied bail to the applicant Shashank Chopda, who is accused of being the mastermind behind a large-scale economic offence under the Hamar-Lab scheme. The case involves allegations of fraudulent procurement of medical equipment and reagents, leading to a colossal financial loss of Rs. 411 Crores to the State exchequer. The Court considered this an organized crime of…