Bhushan Power and Steel Limited (BPSL) money laundering case

A Delhi court has granted bail to various employees of Bhushan Power and Steel Limited (BPSL) in a money laundering case against them. Special CBI Judge ArunBhardwaj noted that "ends of justice require that all the accused be granted bail subject to their furnishing personal bonds and surety bonds for a sum of Rs 1 lakh each." As far as flight risk was concerned, the bench noted that all the passports are with the court and directions have been given to the accused not to leave the country without permission of the court. "Regarding the apprehension of influencing the witnesses, it is only an apprehension without there being any concrete material for giving serious consideration to this apprehension. Moreover, law enforcing agencies are always at liberty to take steps in the event of any such development coming to their notice, in accordance with law," the court said. (IANS)

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