Bail Granted to Ex-Accounts Officer in Swiss Franc Swindle Case

A Delhi court has granted bail to Mohit, a former accounts officer accused of embezzling over 2 lakh Swiss francs from India's Permanent Mission in Geneva. Allegations include forgery and unauthorized withdrawals, but continued investigations and documentary evidence led to his release on bail pending further proceedings.

In a significant development, a Delhi court on Monday granted bail to Mohit, a former accounts officer accused of siphoning over 2 lakh Swiss francs (approximately Rs 2 crore) from India's Permanent Mission in Geneva. The funds reportedly fueled his crypto-gambling activities.

Presiding over the third bail application, Special Judge Vijeta Singh Rawat cited a need for further investigation due to unresolved queries. Although Mohit faced serious allegations, including document forgery and unauthorized fund withdrawals, the court emphasized that the investigation had largely wrapped up and Mohit’s custodial interrogation was no longer necessary.

Granting bail under specific conditions, the court mandated a bond of Rs 75,000 and restricted Mohit from leaving the country. Mohit allegedly replaced vendor QR codes with his own, redirecting funds to his UBS account, a tactic that went unnoticed until local auditors flagged suspicious duplicate payments, triggering a thorough review.