49-year old Neeraj Khatri was arrested in January 2013 for allegedly accepting a bribe of Rs 7 lakh for granting environmental clearance for the company -- Chariot Steel and Power Pvt Ltd. (CSPPL).
Special CBI Judge N K Malhotra also sentenced the company's Managing Director Suresh Joshi to three years in jail, while handing down jail terms of two and one years to middlemen--Raisri Achutananda Srichandan and his son Raisri Chinmaya Srichandan respectively.
According to public prosecutor Shampa Tikait, Srichandans owned S S Environics, a Bhubaneswar-based consultant firm which lobbied for environment clearance (EC) for CSPPL's Raiboga limestone mine in Orissa.
The plea for grant of EC was scheduled for consideration by the reconstituted Expert Appraisal Committee (Non-Coal Mining), headed by a joint secretary-level officer, a day after Khatri was arrested.
Khatri was apprehended while accepting the bribe from co-accused Chinmaya outside a posh hotel at Mehrauli in south Delhi.
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