Mumbai,March 26: Former BCCI President Jagmohan Dalmia was arrested and then released on bail on Wednesday.The arrest came in a case related to the misuse and embezzlement of Rs 2.9 crores - from funds meant for the 1996 World Cup.
Earlier, the Crime Branch had filed a chargesheet against Dalmiya in the Sessions Court, holding him guilty of cheating (Section 420 of Indian Penal Code), criminal breach of trust (Section 408 of IPC), and conspiracy (Section 120B of IPC). His secretary K M Choudhary and one Gautam Dutta were also been named in the chargesheet.
Dalmiya was himself present in the court as required by the judges. After listening to the case made out against him, the court decided to grant him bail.
Dalmiya had earlier refuted the allegations as an “old game played by his adversaries".
The case dates back to account number 1223 opened at the Bhowanipore (West Bengal) branch of Indian Overseas Bank (IOB) when India, Pakistan and Sri Lanka jointly hosted the 1996 World Cup. Dalmiya operated this account along with the Pakistan Cricket Board.
Dalmiya was earlier expelled from BCCI following the accusations.