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Supreme Court likely to hear Bofors payoff case today

NEW DELHI: The Supreme Court is likely to hear an appeal challenging Delhi high court’s verdict discharging the Hinduja brothers in the Bofors payoff case on Friday.

A bench headed by Chief Justice Dipak Misra will take up the case filed by BJP leader and advocate Ajay Kumar Agarwal, who had approached the Apex Court against the HC verdict. The CBI, however, has not challenged the HC order.

In the last hearing in December last year, the CBI admitted that it was refused permission by the authorities a decade ago to appeal against the Delhi HC‘s May 31, 2005, order discharging the Hinduja brothers — Srichand, Gopichand and Prakashchand — from the case, along with Bofors company.

The apex court had admitted Agrawal’s petition on October 18, 2005. The HC had quashed all charges against the Hinduja brothers and castigated the CBI for its handling of the case.

“Before parting, I must express my disapproval at the investigation that went on for 14 years… it cost the exchequer nearly Rs 250 crore.

A huge bubble was created with the aid of the media which, however, when tested by the court, burst, leaving behind a disastrous trail of suffering.

Careers, both political and professional, were ruined besides causing huge economic loss. Many an accused lived and died with stigma. It is hoped that this elite investigating agency will be more responsible in future,” the high court judge had said.

Source : timesofindia

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Supreme Court likely to hear Bofors payoff case today


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