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This Article is From Oct 15, 2018

Delhi Court Grants Bail To Jindal, Others In Coal Scam Related Case

Delhi Court Grants Bail To Jindal, Others In Coal Scam Related Case
Naveen Jindal, vice chairman and managing director of Jindal Steel & Power Ltd. (Photographer: Prashanth Vishwanathan/Bloomberg)

A Delhi court granted bail to industrialist and Congress leader Naveen Jindal and 14 others, accused of money laundering in a case pertaining to irregularities in the allocation of a Jharkhand coal block.

Special Judge Bharat Parashar granted the relief on a personal bond of Rs 1 lakh and one surety of the like amount.

Besides Jindal, those granted relief are Jindal Steel and Power Ltd.'s then adviser Anand Goel, Mumbai's Essar Power Ltd's Executive Vice-Chairman Sushil Kumar Maroo, Nihar Stocks Ltd's Director BSN Suryanarayan, Mumbai-based KE International's Chief Financial Officer Rajeev Aggarwal and Gurgaon-based Green Infra's Vice-President Siddharth Madra.

Those arrayed as accused include K Ramakrishna Prasad, Rajiv Jain and Gyan Swaroop Garg.

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