An alleged middleman Purshottam Totlani, who was absconding in connection with the Syndicate bank bribery case, has surrender before a Special CBI judge Swarana Kanta Sharma on Wednesday.
Later, he along with all other accused in the case were sent to two-day police custody by a special court till 19 September following a plea from the CBI that their statement is required for course of investigation in the matter.
Earlier, on 2 August, the chairman-cum-managing director of Syndicate Bank SK Jain along with 11 others were arrested by the CBI for allegedly accepting bribe of Rs 50 lakh for increasing the credit limit ‘against banking rules’ to a section of private companies involved in coal scam.
Sources said, after being instructed by the CBI director Ranjit Sinha, the sleuths were keeping a track on all of them for the last few months. Acting on tip off, the officers managed to arrest all of them when the exchange of money was going on, while Totlani was evading arrest.
All of them were arrested under sections of Prevention of Corruption Act, 1988 and criminal conspiracy. Then, two separate FIRs were lodged where CBI has named Neeraj Singal, vice president and managing director of Bushan Steel, Ved Prakash Agarwal, chairman-cum-managing director of Prakash
Industries, Pawan Bansal, chartered accountant, Vineet and Puneet Godha (relatives of Jain), Vijay Pahuja, Purushotam Totlani and Pankaj Bansal as accused.
The CBI prosecutor argued that there was enough incriminating evidence to connect Totlani with the case and the intercepted conversation shows his involvement in the conspiracy.
Totlani had earlier filed an anticipatory bail plea in the court which was dismissed on the ground that his custodial interrogation was required to unearth the entire conspiracy and to know about the trail of alleged bribe.
Later, he along with all other accused in the case were sent to two-day police custody by a special court till 19 September following a plea from the CBI that their statement is required for course of investigation in the matter.
Earlier, on 2 August, the chairman-cum-managing director of Syndicate Bank SK Jain along with 11 others were arrested by the CBI for allegedly accepting bribe of Rs 50 lakh for increasing the credit limit ‘against banking rules’ to a section of private companies involved in coal scam.
Sources said, after being instructed by the CBI director Ranjit Sinha, the sleuths were keeping a track on all of them for the last few months. Acting on tip off, the officers managed to arrest all of them when the exchange of money was going on, while Totlani was evading arrest.
All of them were arrested under sections of Prevention of Corruption Act, 1988 and criminal conspiracy. Then, two separate FIRs were lodged where CBI has named Neeraj Singal, vice president and managing director of Bushan Steel, Ved Prakash Agarwal, chairman-cum-managing director of Prakash
Industries, Pawan Bansal, chartered accountant, Vineet and Puneet Godha (relatives of Jain), Vijay Pahuja, Purushotam Totlani and Pankaj Bansal as accused.
The CBI prosecutor argued that there was enough incriminating evidence to connect Totlani with the case and the intercepted conversation shows his involvement in the conspiracy.
Totlani had earlier filed an anticipatory bail plea in the court which was dismissed on the ground that his custodial interrogation was required to unearth the entire conspiracy and to know about the trail of alleged bribe.