NEWSLINKS US EDITION COLUMNISTS DIARY SPECIALS INTERVIEWS CAPITAL BUZZ REDIFF POLL THE STATES ELECTIONS ARCHIVES SEARCH REDIFF
Onkar Singh in New Delhi
The Delhi high court on Friday directed the Hinduja brothers to file an affidavit by Monday stating where they have deposited/invested the money received from A B Bofors.
Justice S K Aggarwal also asked the three brothers -- Srichand, Gopichand and Prakashchand -- to give details of their moveable and immovable properties in India.
Justice Aggarwal has asked the Central Bureau of Investigation to tell the court if it would be possible to segregate the Hinduja brothers' trial from that of the other accused in the case.
The matter would now come for hearing on March 16.
In the last hearing, the judge had directed that the lower court file on the case be produced before him.
Appearing for the Hinduja bothers, Advocate Arvind Nigam claimed that his clients had already given the details of the money received from A B Bofors to the investigating agency and that this has been verified by charted accountant M/s Earnest and Young.
"The money has not been given to any individual but invested in the company itself," he said.
In all, nine accused, including the three Hinduja brothers, have been chargesheeted in the Rs 640 million Bofors pay-off case. While S K Bhatnagar, former defence secretary, Win Chadha (Dubai-based businessman), M/S A B Bofors and former chief executive of Bofors Martin Ardbo have either appeared in person or through their counsel before the trial court, Ottavio Quattrochi has challenged the extradition proceedings against him in a Malaysian high court.
When asked whether the CBI would be in a position to delink the trial of the Hinduja brothers from the rest of the accused, Special Director (CBI) P C Sharma said a decision would be taken in the next couple of days.
"Once my officers are back from the court, I would sit with them and find out what can be done," Sharma said.
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