SC rejects bail plea of ex-CMD of Amrapali Group; says 'you do not deserve any sympathy'

The Supreme Court has rejected the bail plea of former CMD of Amrapali Group of Companies Anil Kumar Sharma, saying he cheated thousands of home buyers and did not deserve any sympathy.

"You have cheated thousands of home buyers. You siphoned off their hard-earned money and their life savings. You do not deserve any sympathy," the bench said on Thursday.

The former CMD of the real estate group and other directors of the firm were arrested on the direction of the top court after the forensic audit report revealed that a large amount of home buyers' money was siphoned off by the management.

“Yours is not a case of simple cheating. See the plight of thousands of home buyers. You cannot have our sympathy. You better enjoy being in jail... This court is very aware of what you did. You created the mess and we are not able to find a way out of it. A large number of home buyers are suffering," the bench said.

Earlier, the top court had granted Sharma interim bail for a few weeks on medical grounds in the case.