Opposing the bail plea of Singla, CBI counsel Rajdeepa Behura said that he was the "main person" whose influence was to be used for the appointment of the now suspended Railway Board member Mahesh Kumar.
"Singla was caught red handed along with other accused who were the 'main conspirators' and the offence committed by them was of a "grave" nature," the lawyer said.
Justice Hima Kohli reserved the order in the Rs 10 crore cash-for-post railway bribery case after the counsel for the accused and CBI concluded their arguments in their bail pleas.
Singla, Kumar, businessman Narayan Rao Manjunath and alleged middleman Sandeep Goyal had moved the high court seeking bail after the trial court on July 12 had rejected their plea.
"No purpose would serve if the accused remains in custody at this stage," the senior lawyer argued and sought bail for Singla.
The Central Bureau of Investigation (CBI) had arrested 10 persons for their alleged roles in the bribe case in which a deal of Rs 10 crore was finalised for arranging one of the top positions in the Railway Board for Kumar, then the member (Staff) in the board.
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