Delhi court grants bail to Ratul Puri in AgustaWestland money laundering case

A Delhi court Monday granted bail to businessman Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath, in AgustaWestland money laundering case.

Special Judge Arvind Kumar granted bail to Puri on a personal bond of Rs 5 lakh and two sureties of like amount.

Puri will however remain in jail as he was also arrested in another case — the one related to bank fraud.

In his bail plea, Puri had said that he was not required for further investigation and no purpose will be served by keeping him in custody.

The Enforcement Directorate had recently filed a supplementary Prosecution Complaint against Puri and Jaspreet Ahuja in the Rs 3,600-crore AgustaWestland VVIP chopper deal case.

In January 2014, India had scrapped a contract with Finmeccanica’s British subsidiary, AgustaWestland, for supplying 12 VVIP choppers to the Indian Air Force, over alleged breach of contractual obligations and charges of kickbacks worth Rs 423 crore being paid to secure the deal.

VVIP chopper case: Court orders in-camera proceedings for Rajeev Saxena

The Enforcement Directorate did not seek any further custody of Rajeev Saxena, arrested in the Rs 3,600-crore AgustaWestland money laundering case, from a Delhi court on Tuesday.

Rajeev  Saxena, whose ED custody ends Tuesday, sought to talk to Special Judge Arvind Kumar in private, without the presence of his lawyers, after which the court initiated in-camera proceedings in the case.

On Friday, the agency had sought his custody from the court, saying the probe is at a crucial stage.

Saxena is one of the accused named in the chargesheet filed by ED in the case.

Christian Michel, former AgustaWestland and Finmeccanica directors Giuseppe Orsi and Bruno Spagnolini, former Air Force chief SP Tyagi and Saxena’s wife Shivani have also been named by the agency in the chargesheet.