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The Supreme Court (SC) on Thursday cancelled the bail of the former Chief Financial Officer (CFO) of Bhushan Steel Nittin Johari and remanded him back to the custody of Serious Fraud Investigation Office (SFIO).
Johari had been granted bail by the Delhi High Court in a case filed by the SFIO, which has named him and the former Chief Executive Officer and Managing Director Neeraj Singal for alleged irregularities, including manipulating accounts of the company.
The Delhi High Court had on August 14 granted bail to Johari and said the main accused, Brij Bhushan Singal and Neeraj Singal, were the promoters and
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