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May 15, 2001
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Money > Business Headlines > Report May 15, 2001 |
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B P Verma, 3 others freed on bailOur Correspondent in New Delhi A Delhi court on Tuesday released on bail ousted Central Board of Excise and Customs chairman B P Verma, asking him to furnish a bail of Rs 500,000 and a surety of the like amount. On Monday, the court had adjourned the hearing on Verma's bail application till Tuesday. B P Verma's son Siddharth and Bhavna Pandey, the other accused, were also let off on bail and asked to furnish Rs 200,000 each and a surety of like amount. Accused Rajeev Sharma, an associate of Siddharth, was also released on bail on furnishing Rs 50,000 and a surety of like amount. The other two Madras-based accused, K Vijay Pratap and Sravan Kumar, were on Monday remanded in judicial custody till May 16. YOU MAY ALSO WANT TO READ:
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