Saradha accused Madan Mitra gets bail (Third Lead)

Image
IANS Kolkata
Last Updated : Sep 09 2016 | 9:13 PM IST

Trinamool Congress leader and former West Bengal minister Madan Mitra was on Friday granted bail by a court here, over 21 months after his arrest in the multi-crore rupee Saradha chit fund scam.

Durga Puja seemed to arrived early for Mitra's family and supporters as people in large numbers celebrated his bail while the ruling Trinamool Congress hailed the court's order.

Mitra is likely to walk out of the jail only on Saturday after the completion of the release formalities.

He was behind bars since his arrest on December 12, 2014, except for a brief period in October, 2015, when he was granted bail by a lower court. The relief was subsequently cancelled by the Calcutta High Court.

On Friday, Additional District Judge, Alipore, Uttam Kumar Nandy granted Mitra's bail on twin bonds of Rs 15 lakh each. Besides depositing his passport with the CBI, the court has ordered Mitra to appear before the central agency on a periodic basis and not to leave the city limits.

Indicted of cheating, conspiracy and criminal breach of trust, the former state Transport and Sports Minister was one of the most high profile arrests in the Saradha scam after the Central Bureau of Investigation (CBI) took over the probe.

Describing Mitra as an "influential personality", the prosecution has been opposing his bail plea contending he might hinder investigation and tamper with evidence if not kept in custody.

The prosecution often pointed to Mitra's stay in a VVIP suite at the government-run SSKM Hospital where he spent a large part of his incarceration period, to reflect on Mitra being an "influential person".

The judiciary, including the Calcutta High Court, have denied him the relief on previous occasions.

Mitra had stepped down as minister on November 19 last year, hours before the Calcutta High Court eventually cancelled his bail granted by a lower court.

With Mitra having resigned as a minister and also lost the assembly polls, his counsel were successful in convincing the court that he was no more an "influential persona".

"He has been in custody for over 600 days but the CBI has been not been able to submit anything against him. Moreover, the 'influential tag' doesn't stand good anymore as Mitra is neither a minister nor a MLA.

"The CBI has filed several supplementary charge sheets but there was nothing against Mitra. The court was pleased to grant him bail on two bonds of Rs. 15 lakh each," said Mitra's counsel.

The only former Bengal minister to have contested the polls from jail, Mitra failed to retain Kamarahati constituency in North 24 Parganas district in the assembly polls. The setback came despite Trinamool retaining power in the state with a landslide margin.

Incidentally, Mitra is also the only Trinamool leader allegedly caught in the Narada sting, to have lost the polls. Five of his party colleagues, who too were purportedly shown accepting bundles of cash, won the assembly polls with big margins.

Welcoming the move, Trinamool secretary general Partha Chatterjee hit out at the CBI.

"Even a murder accused gets bail within a matter of days while Mitra had to remain in custody for 629 days. On behalf of (Chief Minister) Mamata Banerjee and the entire party we welcome the court's verdict and wish Mitra and his family a very healthy life and congratulate his family," he said.

"Mitra has always been with the people and the party and will continue to do so. It's a very joyous day for us," said Chatterjee.

Meanwhile, the CBI is likely to move the Calcutta High Court in appeal against the bail.

"The decision will be taken after studying today's order," said a CBI counsel.

The development came on a day when two other prominent accused in the scam - former Union minister Matang Sinh and his estranged wife Manoranjana - were denied bail by the Calcutta High Court.

--IANS

and/ssp/vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 09 2016 | 9:00 PM IST

Next Story