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Court grants bail to cash-for-transfer scam accused Padmanabhan
New Delhi, June 09: A Delhi court today granted bail to S Padmanabhan, facing charges in the cash-for-transfer scam, after CBI failed to sufficiently explain his role in the case in which the agency had arrested personal assistant to former minister of state for finance Gingee Ramachandran.
New Delhi, June 09: A Delhi court today granted bail to S Padmanabhan, facing charges in the cash-for-transfer scam, after CBI failed to sufficiently explain his role in the case in which the agency had arrested personal assistant to former minister of state for finance Gingee Ramachandran.
Considering that he has no criminal record and the nature of accusation against him - of only having accompanied the minister's PA Perumalsamy - and his being in judicial custody since May 25, it is in interest of justice that he be released on conditional bail, special judge Prem Kumar said and directed him to furnish a bail bond of Rs 50,000 and one surety of like amount.
The court had earlier asked CBI as to what evidence it had "to show that Padmanabhan knew about the conspiracy or that he was present when the money changed hands."
In its reply, the CBI said he was driving the motorcycle on which he and Perumalsamy reached residence of IRS officer Anurag Vardhan allegedly to collect bribe money.
However, it failed to explain whether he accompanied Perumalsamy with full knowledge that he was to collect money from Vardhan, the court said adding it also does not show whether Padmanabhan was to have a share of the money.
Bureau Report