Bofors pay off case remains alive in SC despite dismissal of CBI appeal

Image
Press Trust of India New Delhi
Last Updated : Nov 02 2018 | 7:10 PM IST

The Supreme Court Friday dismissed the CBI petition on the politically-sensitive Rs 64-crore Bofors pay-off case but it would remain alive as the agency has been permitted to raise its stand in the matter in another petition which has already been admitted.

The apex court said all grounds mentioned in its appeal against the Delhi High Court's 2005 judgement, which discharged all accused in the case, can be raised in the plea of advocate-turned politician Ajay Agrawal.

Agarwal, who had contested the Lok Sabha elections in 2014 as BJP candidate from Rai Bareli against the then Congress President Sonia Gandhi, had filed the appeal within the mandatory 90-day time limit when the CBI had preferred not to challenge the High Court verdict.

A bench headed by Chief Justice Ranjan Gogoi did not condone the delay of 13 years on part of CBI, which filed the appeal on February 2 this year against the May 31, 2005 judgement of the high court quashing all charges against the three Hinduja brothers -- Srichand, Gopichand and Prakashchand -- and the Bofors company.

Although the apex court rejected the CBI's appeal, the 32-year-old case would remain alive in the top court as it is still seized of the plea by Agarwal, who is a BJP leader.

CBI, which could not give plausible reasons to the top court for the delay of over 4,500 days in filing the appeal, can now press for the reliefs like seeking further probe in the case when Agrawal's appeal comes up for hearing.

The agency had in December 2016 conceded before the apex court that it was not given the requisite nod by successive UPA governments to file an appeal in the case.

Agarwal had questioned the belated move of the CBI to appeal against the Delhi High Court decision.

In a letter to the CBI in 2017, he had suggested that instead of filing an appeal, the agency should respond to his criminal appeal and clarify its stand through an affidavit in the top court.

Even Attorney General K K Venugopal in January this year had expressed his opinion that the CBI should raise all its contentions in the already admitted appeal of Agrawal.

Justice R S Sodhi of the Delhi High Court, since retired, had on May 31, 2005, quashed all charges against the three Hinduja brothers -- Srichand, Gopichand and Prakashchand -- and the Bofors company and had castigated the CBI for its handling of the case, saying it had cost the exchequer about Rs 250 crore.

The apex court had on October 18, 2005, admitted Agarwal's appeal which was filed after CBI failed to approach the top court with the appeal within the 90-day deadline following the high court verdict.

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: Nov 02 2018 | 7:10 PM IST

Next Story