Corporate espionage scandal: Accused to be produced in court

The five senior executives from top energy firms who were arrested in the sensational corporate espionage scandal will be produced in a local court here this afternoon and Delhi Police will seek their custody for further interrogation.

New Delhi: The five senior executives from top energy firms who were arrested in the sensational corporate espionage scandal will be produced in a local court here this afternoon and Delhi Police will seek their custody for further interrogation.

The five persons who were arrested by the Crime Branch last night have been identified as Shailesh Saxena from RIL, Vinay Kumar from Essar, KK Naik from Cairns, Subhash Chandra from Jubilant Energy and Rishi Anand from ADAG Reliance.

"They would be produced before a magistrate and we will seek their custody for custodial interrogation," said a senior police official.

We need to know since how long this has been going on and who all benefited from it, he added.

According to police, all these company executives were receivers of the stolen documents which have been recovered by police teams during raids from their establishments.

Saxena is Manager, corporate affairs, Reliance Industries Limited(RIL); Chandra is senior executive, Jubilant Energy; Anand is DGM, Reliance ADAG; Vinay is DGM, Essar and Naik is GM, Cairns India.

They have been booked under IPC sections 120 B (criminal conspiracy) and 411 (dishonestly receiving stolen property).

The whole scandal turned murkier yesterday as it came to fore that classified documents including an input for upcoming Finance Minister's Budget speech were allegedly leaked.

The alleged pilfering of 'secret' documents, which was thought to have been a racket confined to the Petroleum ministry, actually covered matters in finance, coal and power ministries, Delhi Police said.

The total number of arrests in the case busted on Thursday has risen to 12.

On Thursday, five people, including two Oil Ministry staffers and three middlemen were arrested. Two energy consultants--Santanu Saikia, a former journalist, now running a petro web portal and Prayas Jain--were arrested yesterday morning while the five company executives were arrested in the evening.

The case FIR, produced in a local court yesterday said an input on the National Gas Grid for the Finance Minister's Budget speech of 2015-16 is among the various "secret" documents recovered from the accused.  

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