Mumbai, May 30 -- Dewan Housing Finance Corporation Limited configured software to automatically split hundreds of crores diverted to its real estate arm through 87 shell companies into thousands of fictitious retail loans to evade banking regulators, the Enforcement Directorate has alleged in its charge sheet for the Rs.34,614-crore fraud case. The investigation revealed that DHFL promoters Kapil and Dheeraj Wadhawan diverted Rs.11,548 crore through 87 fictitious entities - dubbed "Bandra Book firms" - for business purposes and personal use. The brothers splurged the stolen funds on 25 paintings and a sculpture worth over Rs.63 crore, expensive jewellery, and a 20% stake in Pune-based Varva Aviation, according to the charge sheet accessed ...