Daya Nayak gets bail in disproportionate assets case
Mumbai:
The Bombay High Court on Thursday granted bail to suspended 'encounter
specialist' Daya Nayak in the disproportionate assets case. The court
granted the bail on a security bond of Rs 25,000 to Nayak as the Anti-Corruption
Bureau of Mumbai Police failed to file chargesheet in the case against
him within the stipulated 60 days of arrest. However, court directed Nayak
to report to the investigating officers as and when required. The respite
of bail to Nayak comes a day later as the matter was listed for yesterday
before Justice V M Kanade, it could not come up for hearing during the
court timings. A bail plea of Nayak had been pending in the Bombay High
Court, whose hearing was scheduled yesterday. Nayak who completed 60 days
in the judicial custody today, had prayed through his counsel to the court
to grant him bail on parity since three of his associates have already
been released on bail On April13, a special court in Mumbai had extended
Nayak's judicial custody till today. However, the court had granted bail
to Nayak's associate Rajendra Padte in the case. Padte was charged with
his alleged involvement in helping the former to gather assets, disproportionate
to his known sources of income. After Padte received bail, Nayak had also
appealed to release him on bail. Nayak had moved the Supreme Court and
challenged the Mumbai High Court order that rejected his anticipatory
bail while his wife Komal was granted bail for a sum of Rs 25,000 on February
8. Anti-Corruption Bureau (ACB) of Mumbai Police had charged Nayak with
possession of assets disproportionate to his informed sources of income,
while his wife and Padte were booked for allegedly helping him in the
laundering of his ill-gotten wealth. Another associate of Nayak, Manivelan,
who was arrested in the case on January 22, was granted bail by the Bombay
High Court on March 23 as the police failed to file a charge-sheet against
him within the stipulated 60 days. The ACB had claimed having enough material
to show that Nayak had assets disproportionate to his income (estimated
at nearly two million dollars or Rs. 90 crores) and that the other two
applicants had helped him launder the money. Nayak had submitted that
the charges of his having wealth disproportionate to his known sources
of income were false and that it was a conspiracy hatched by rivals to
"finish" his career.
- April 20, 2006
Tourist
offices
in India
|
Window
on India |
|
Travel Sites Visit
Goa, Karnataka,
Kerala, Tamil
Nadu, Andhra Pradesh |