MUMBAI: The CBI has recovered artworks worth Rs 40 crore during searches as part of its probe into the Rs 34,614-crore fraud involving DHFL and its officials. One of the paintings is ‘Bull’ by Tyeb Mehta.
The premises searched were of Ajay Nawandar, an informant who is believed to have underworld links, and Rebecca Dewan, who is apparently close to DHFL’s erstwhile promoter Kapil Wadhawan. The premises included their homes in Mumbai and Dewan Villa at Mahabaleshwar. The CBI is investigating Nawandar’s alleged links with gangster Chhota Shakeel.
