New Delhi, Apr 5 (UNI) A CBI court today dismissed the bail application of Barak missile scam accused Suresh Nanda and his son Sanjeev Nanda, who were arrested on charges of trying to bribe an Income Tax official for fudging with their account books.
On March 8, 2008, the CBI registered a case against Arms dealer Suresh Nanda, Sanjeev Nanda, Nanda's Chartered Accountant (CA) Vipin Shah, Income Tax Deputy Director Ashutosh Verma and other unknown persons under Sections 120-B, 201, 204, 218 of the IPC and various provisions under the Prevention of Corruption Act on the allegation that they had entered into a criminal conspiracy for the purpose of manipulating the report of Income Tax investigation to show undue favour to Suresh Nanda and his associates by abuse of official position by public servants for obtaining pecuniary advantage.
The CBI alleged that Verma had conducted searches at the premises of Suresh Nanda and his associates in February 2007. During the searches, the recovery of a large number of incriminating documents against Suresh Nanda and his associates, related to the evasion of Income Tax as well as their involvement in the Defence deal and other related matter, was found.
The CBI also alleged that, however, Verma had shown the report prepared by him to Nanda's CA Vipin Shah on his (Verma's) laptop and carried out the necessary changes in the report as per the directions of Suresh and Sanjeev Nanda for diluting the same as well as destroying the incriminating documents, before submitting them to his senior officer, in lieu of huge pecuniary advantages.
CBI Special Judge Indermeet Kaur Kochar heard the detailed final argument in the bail application of all the accused. After looking into the seriousness of the matter, the court dissmissed the bail application of all the four alleged accused.
All the accused are in judicial custody till April 11.
UNI XC SBC AT VC1626