Dinesh Dalmia’s New Trial Exposes System’s Same Old Weaknesses https://www.youtube.com/watch?v=9cQCA310Sio Moneylife News Bites
Apr 25, 2025 Despite multiple convictions, prison time, and a well-documented history of financial fraud, Dinesh Dalmia is back—allegedly duping banks of nearly ₹200 crore through a new web of shell companies and forged documents. In this video, Sucheta Dalal breaks down how India’s broken banking and KYC systems have once again failed to prevent a repeat offender from exploiting the cracks.
Why did banks lend him money despite his history? Why is there no accountability? And how can someone like Dalmia still dance through the system?