Special CBI judge Alok Agarwal acquitted the accused observing that she had explained the source of income and the CBI's allegations against her regarding alleged amassing of wealth of over Rs 41 lakh could not be substantiated.
The court also noted that the amount arrived at by the probe agency during its investigation cannot be termed as "disproportionate to her known sources of income".
"Therefore, she cannot be convicted under section 13(1)(e) of the Prevention of Corruption Act. Accordingly, the accused... Is hereby acquitted of the charge against her in this case," the judge said.
CBI had claimed that on the basis of a tip-off, a case was lodged on March 9, 2004 against the accused for allegedly amassing assets disproportionate to her known source of income.
It said that a search was carried out on March 10, 2004 and for the purpose of calculating disproportionate assets, a period between April 1, 1994 and March 10, 2004 was fixed.
It said that the accused was in possession of a house at Panchsheel Enclave, a shop at Nehru Place and agricultural land in village Kapashera, apart from various other monetary investments.
However, the prosecution failed to substantiate its claim during the trial in the case.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
