A Delhi court on October 15 granted bail to Naveen Jindal, industrialist and Congress leader and 14 others, who have been accused of money laundering in a case pertaining to irregularities in the allocation of a Jharkhand coal block.
Special Judge Bharat Parashar granted the bail on a personal bond of Rs. one lakh and one surety of the like amount.
In addition to Jindal, court granted bail to Anand Goel, then adviser of Jindal Steel and Power Ltd; Sushil Kumar Maroo, Mumbai’s Essar Power Ltd’s Executive Vice-Chairman; Suryanarayan, Director Nihar Stocks Ltd; Rajeev Aggarwal; Chief Financial Officer BSN Mumbai-based KE International and Siddharth Madra, Vice-President Gurgaon-based Green Infra.
The case was filed by Enforcement Directorate under the provisions of the Prevention of Money Laundering Act pertains to the allocation of the Amarkonda Murgadangal coal block in Jharkhand on the basis of FIR lodged by the CBI.