A Delhi court today granted bail to Sanjay Kulkarni, the managing director of Capacite Structures, in a case of alleged corruption in the Rs 2,150- crore revamp project of ITPO Complex at Pragati Maidan here.
The court yesterday granted bail to a suspected middleman, Rishabh Agrawal, in the case.
It had on January 5 reserved its order on the bail applications of Kulkarni and Agrawal after hearing arguments from defence advocates and the CBI.
The agency had booked Mittal, Kulkarni, Agrawal, and two others -- public servants Pradeep Mishra and Akashdeep Chouhan who allegedly delivered the bribe -- in the case on December 22.
It alleged in the FIR that the contract to redevelop the prime land at Pragati Maidan was awarded to Shapoorji Pallonji and Company Pvt. Ltd. and Shapoorji Pallonji Qatar WLL for Rs 2,149.93 crore by NBCC.
Mumbai-based Capacite Structures was trying to get that work from Shapoorji Pallonji on sub-contract.
Kulkarni had approached Agrawal, the suspected middleman having good contacts with public servants, for getting the sub-contract in favour of the company, it alleged.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)