Metro rail scam: Ex-IAS officer Sanjay Gupta gets bail

The Gujarat High Court today granted bail to former IAS officer Sanjay Gupta in the Rs 113 crore Ahmedabad-Gandhinagar Metro rail scam case.
Gupta was granted bail by Justice A J Desai on the condition that he deposits security money of Rs 1 crore in two instalments of Rs 50 lakh each in one month.
He was also asked to report to the police station every Monday and cooperate with the investigation.
The bail was granted after Gupta's lawyer told the court that police had wrapped up the investigation in the case and trial being conducted in a local court in Gandhinagar will take time to complete.

Gupta, who served as the executive chairman of the state-owned Metro-Link Express for Ahemdabad and Gandhinagar (MEGA), was arrested by CID (Crime) last year on allegations that financial irregularities to the tune of Rs 113 crore took place during his tenure in MEGA in 2012.
CID had booked Gupta and seven others for allegedly syphoning off around Rs 113 crore by presenting "forged" bills and "bogus" documents related to ground-filling work carried out near Bhat village for Metro project in 2012.

Gupta is also a co-accused in another scam related to MEGA, in which the company's former manager Radhesh Bhatt was accused of syphoning off Rs 2.62 crore through forged invoices from 2012 to 2013. Gupta was made a co-accused after his involvement was determined by the police.

His bail plea in this second case will be heard tomorrow at a Gandhinagar court. He cannot come out of the jail till he gets bail in the second case.
Gupta had quit IAS in 2003 to start his own business. He was appointed in MEGA by the Gujarat government after he quit IAS.