Dawood Ibrahim's frontman Romesh Sharma released on bail

New Delhi, Feb 27 (UNI) A local court released Romesh Sharma, alleged frontman of underworld don Dawood Ibrahim convicted in the Kunjum Budhiraja murder case, on bail with a personal bond of Rs one lakh, in a 16-year-old Foreign Exchange Regulation Act(FERA) violation case.

During the period 1992, the alleged accused Sharma has been accused of having acquired foreign exchange equivalent to Rs 13 lakh without special permission of RBI thus committing an offence under Section 56 of FERA.

The Prosecution had examined 11 witnesses in the case and Additional Chief Metropolitan Magistrate(ACMM) court in Patiala house ordered framing of charges against Sharma on July 15, 2006.

Additional Chief Metropolitan Magistrate Ajay Kumar Kuhar asked Sharma to furnish his surety, to which Sharma replied that he is not having any surety.

However, the court released Sharma on personal bond of Rs one lakh and adjourned the matter for April 11, 2008 for cross examination of witness.

On February 18, Sharma was sentenced to life imprisonment by a local court holding him guilty of hatching a conspiracy to kill his girl friend Kunjum Budhiraja.

UNI XC AE NK KP2227