Rediff India Abroad
 Rediff India Abroad Home  |  All the sections


The Web

India Abroad

Sign up today!

Get news updates:
Mobile Downloads
Text 67333
Article Tools
Email this article
Top emailed links
Print this article
Contact the editors
Discuss this Article

Home > India > News > PTI

Arms dealer Nanda and son granted bail

April 29, 2008 14:34 IST

Related Articles
Defence scam: Suresh Nanda, son denied bail
Arms deal kickbacks: Suresh Nanda's passport impounded

The Delhi high court on Tuesday granted bail to arms dealer Suresh Nanda, his son Sanjeev and two others who allegedly manipulated evidence in the case of alleged kickbacks in the Barak missile deal.

The Nandas, their chartered accountant Bipin Shah and Indian Revenue Service officer Ashutosh Verma have been in custody for the last 53 days.

"Each of the petitioners shall be released forthwith," Justice S N Muralidhar said while pronouncing the order.

The court said all the four would have to furnish a personal bond of Rs 1 lakh and two sureties of like amounts.

The Bench also directed them not to leave the country without the court's permission.

Suresh Nanda and Sanjeev -- the latter is also an accused in the BMW [Images] hit-and-run case -- Shah, and Verma, deputy director (investigation) in the income-tax department, were arrested by the Central Bureau of Investigation on March 8 from a Mumbai hotel.

The CBI has alleged that the Nandas bribed public servants to manipulate income tax records.

© Copyright 2008 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.