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Bail Granted in Mumbai's Mithi River Scam: A Judicial Insight

  • On June 5, 2025, a sessions court in Mumbai allowed Jay Ashok Joshi, who was detained in connection with alleged fraud in the Mithi river desilting contracts, to be released on bail.
  • The bail followed earlier rejection by a magistrate court and arose amid investigations into inflated tendering from 2021 to 2023 causing BMC losses.
  • Joshi, a 49-year-old intermediary linked to Virgo Specialties Pvt Ltd, is accused of conspiring with contractors and BMC officials to inflate equipment rental costs.
  • The court released Joshi on a ₹1 lakh personal bond, directing cooperation with the police while police opposed bail citing investigation risks and ongoing preliminary inquiry.
  • The case implicates 13 individuals, including middlemen and BMC officials, and highlights potential systemic tender manipulation implicating large-scale financial losses.
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The Print broke the news in New Delhi, India on Thursday, June 5, 2025.
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