Syndicate bank bribery case:3 accused sent to judicial custody

A Delhi court today remanded three accused, arrested by CBI in connection with the Syndicate Bank bribery case, to judicial custody till August 25 after the agency said they were not required for further custodial interrogation.
Accused Vineet Godha, Puneet Godha and Vijay Pahuja were produced before the court after expiry of their police custody and the agency moved an application saying they be remanded to judicial custody.
Special CBI Judge V K Gupta sent them to judicial custody till August 25.
The three accused, along with Syndicate Bank Chief Managing Director (CMD) Sudhir Kumar Jain, Bhushan Steel Ltd Vice Chairman and Managing Director Neeraj Singal and others, were arrested by CBI in connection with the case.

Jain and Singal are now in CBI's custody till tomorrow.
CBI had earlier claimed in the court that the trail and the source of the alleged bribe amount was yet to be found and the person who had carried the amount from Delhi to Bhopal on behalf of Singal yet to be traced.

CBI has filed two cases against Jain -- accusing him of receiving a bribe of Rs 50 lakh through conduits and abusing his official position to enhance the credit limits of some companies in violation of laid-down procedures.
Chief Financial Officer of Bhushan Steel Ltd Arun Agarwal, also an accused in the case, is at present in judicial custody.

Singal was arrested by CBI on August 7 hours after the court had issued a non-bailable warrant (NBW) against him and one alleged middleman Purushotam Totlani in the case.