Overview
- Economic Offences Wing officials told CNBC-TV18 they will issue summons to all accused, naming HDFC Bank MD & CEO Sashidhar Jagdishan among them.
- Jagdishan is booked on charges including criminal breach of trust and cheating, with allegations he accepted ₹2.05 crore as a bribe, which the bank has denied.
- Investigators say there are five related cases in the Lilavati matter, and Jagdishan is an accused in one of these cases.
- Current trustees allege inflated procurement, forgery and inventory manipulation, and a forensic audit of 2004–2024 reports siphoning of roughly ₹1,250–₹1,300 crore.
- Multiple FIRs since 2024 resumed after the Supreme Court lifted a stay in July 2025, and the EOW has been seizing records and preparing further summons as a ₹1,000 crore defamation suit against Jagdishan remains pending.