The last of 2G accused get bail
26 May 2012 2:04 AM GMT
A special CBI Court has granted bail to the promoters of Essar group and Loop Telecom in a case arising out of 2G scam case. Pronouncing the order for five persons, the court said on Friday that there was no apprehension that they could tamper with the evidence if released on bail.
The Essar group promoters Ravi Ruia and Anshuman Ruia, the Loop Telecom promoters I P Khaitan and Kiran Khaitan and the Essar group director, strategy and planning, Vikash Saraf were directed by the court to furnish personal bail bond of Rs 5 lakh each and two securities of the same amount.
‘Accordingly, considering the facts and circumstances of the case, the fact that the accused have deep roots in the society and the fact that there is no graver apprehension of the accused tampering with the evidence, I am inclined to allow the bail applications [of the five accused],’ the judge said.
The special judge O P Saini fixed 26 July as the date for the framing charges of conspiracy to cheat the government. The judge imposed several conditions, including that all of them should be present in the court during the proceedings.
The Essar group promoters Ravi Ruia and Anshuman Ruia, the Loop Telecom promoters I P Khaitan and Kiran Khaitan and the Essar group director, strategy and planning, Vikash Saraf were directed by the court to furnish personal bail bond of Rs 5 lakh each and two securities of the same amount.
‘Accordingly, considering the facts and circumstances of the case, the fact that the accused have deep roots in the society and the fact that there is no graver apprehension of the accused tampering with the evidence, I am inclined to allow the bail applications [of the five accused],’ the judge said.
The special judge O P Saini fixed 26 July as the date for the framing charges of conspiracy to cheat the government. The judge imposed several conditions, including that all of them should be present in the court during the proceedings.
Next Story
