India, June 19 -- HDFC Bank's managing director and CEO, Sashidhar Jagdishan, has moved the Bombay High Court seeking quashing of a First Information Report (FIR) lodged against him earlier this month in connection with an alleged financial and administrative scandal involving the Lilavati Kirtilal Mehta Medical Trust (LKMM Trust), which manages the Lilavati Hospital in Bandra West.

The FIR, registered on May 31, stems from a complaint by Prashant Mehta, a trustee of the Lilavati Trust, who alleged that Jagdishan accepted Rs.2.05 crore in bribes between March 2022 and June 2023 to aid a group of erstwhile trustees-led by Chetan Mehta-to illegally retain control of the trust. The complaint also alleged a prolonged campaign of harassment a...