HC grants pre-arrest bail to Karunanidhi's relative

Passing orders on Jyothimani's plea, Justice G M Akbar Ali ordered that he be released on bail in the event of arrest or on his appearance before the XI Metropolitan Magistrate, Saidapet, within 15 days from the date of receipt of the copy of the order.

He should also execute a bond for Rs one lakh with two sureties each for the like sum, the court said,

Jyothimani shall deposit a sum of Rs 50,00,000 before XI Metropolitan Magistrate within a period of two weeks from the date of receipt of the order, it said.

He shall produce property security to the value of Rs 1.25 crore standing either in the name of the petitioner or his close relatives and also execute security bond to that effect, it said.

 

The petitioner shall appear before the police daily at 10 AM for a period of two weeks, the Judge said, adding he should produce all necessary documents, including bank statements, and cooperate with the investigation.

In his complainant to police, V Nedumaran of Valasarawakkam alleged that Jyothimani had promised to sell him 2.94 acre of land in Thalambur village for Rs 5.14 crore, after claiming to be the property's power agent in 2007 but did not execute the sale.

Though Jyothimani received a cheque for Rs 3.5 crore as advance, he "did not come forward to execute the sale nor did he return the money," the petitioner alleged, adding that instead the said property was sold to another person.

He further alleged that Jyothimani did not entertain phone calls made by him.