Suresh and Sanjeev Nanda granted bail in Barak kickbacks case

Written by:
Subscribe to Oneindia News

New Delhi, Apr 29 (UNI) The Delhi High Court today granted bail to arms dealer Suresh Nanda, his son Sanjeev Nanda and two others facing allegations of tampering with the evidence in a case of alleged kickbacks in the Barak missile deal.

However, they were directed not to leave the country without permission of the court.

Hearing the bail petitions, Justice S N Muralidhar ordered "each of the petitioners shall be released forthwith".

The Nandas, their chartered accountant Bipin Shah and IRS officer Ashutosh Verma had been in custody for the last 53 days.

The court said all the four accused would have to furnish a personal bond of Rs one lakh each and two sureties of like amounts.

Suresh, Sanjeev, also an accused in the BMW hit-and-run case, Shah and Verma, Deputy Director (Investigation) in the IT department, were arrested by the CBI on March 8 from a Mumbai hotel.

The CBI counsel submitted before the court that the Nandas had bribed public servants to manipulate income tax records.


Please Wait while comments are loading...