BackLegal | Sukh Ram gets 3-year jail term, fined Rs2 lakh
Legal | Sukh Ram gets 3-year jail term, fined Rs2 lakh
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New Delhi: Former union communications minister Sukh Ram was sentenced on Wednesday to three years imprisonment in a 13-year-old disproportionate assets case by a New Delhi court, which observed that a corrupt public servant is a menace to society.
The court ordered the forfeiture of Rs4.25 crore amassed by Sukh Ram, 82, during his tenure as a cabimet minister in the P.V. Narasimha Rao government and slapped a fine of Rs2 lakh.
Sukhram, who was granted bail, said he would appeal against the conviction in the Delhi high court.
—PTI
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No anticipatory bail for Nimesh Kampani
Hyderabad: The Andhra Pradesh high court on Wednesday dismissed the petition filed by the chairman of JM Financial, Nimesh Kampani, seeking anticipatory bail in connection with a case filed on charges that Nagarjuna Finance Ltd, whose board Kampani was on, had failed to return depositors some Rs100 crore.
The court dismissed Kampani’s plea seeking to quash all the criminal proceedings against him in the case. The court also dismissed the anticipatory bail petitions filed by the former directors the non-banking finance company—L.V.V. Iyer, A.P. Kurian, Sridhar Chary, Mino Shroff and C.D. Menon.
—C.R. Sukumar
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