A special court said it would allow the Central Bureau of Investigation (CBI) to re-arrest three executives from Money Matters Financial Services, the company implicated in the bribes-for-loan investigation.
The three officials, including the company’s chairman, were due to appear before the court and would be placed in police custody until Thursday, CBI prosecutor Eijaz Khan said.
The federal investigator is probing 21 companies. It ordered the arrest of eight officials from banks and financial institutions last month for allegedly taking bribes in exchange for large corporate loans, or in some cases, sharing insider information. All eight were granted bail on Friday.
But orders were issued to re-arrest the three Money Matters executives in connection with new charges against them in the bribes-for-loans probe.
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