Agarwal, co-founder and Director of Micromax Technologies Pvt Ltd, and his associate Manish Tuli, were arrested yesterday by CBI when they were allegedly giving bribe of Rs 30 lakh to the officials of North Delhi Municipal Corporation for regularisation of an unauthorised property.
Apart from them, North Delhi Municipal Corporation's three engineers--Satish Kumar, Naresh Kumar and Sanjay Kumar, junior engineer in DDA Rajesh Gupta and a private person Ashok Lamba were also arrested.
During the hearing, CBI sought seven days police custody of the accused to find out how many other government officials or persons were involved in the case.
The agency said their custody was required to unearth "the larger conspiracy".
"We need police custody to unearth the entire conspiracy between the accused and the unknown public servants," the CBI prosecutor said.
CBI told the court that Agarwal and Tuli were arrested while allegedly giving Rs 30 lakh bribe to the engineers of MCD to regularise the unauthorised construction of a banquet hall owned by Tuli. It also alleged that the DDA official was acting as a middleman.
CBI said FIR was registered on a source information that Agarwal and Tuli had entered into a deal with engineers of the civic body to get clearance for construction of the banquet hall in Wazirpur area in exchange of bribe of Rs 50 lakh.
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
