The Central Bureau of Investigation (CBI) arrested arms dealer Suresh Nanda, his son Sanjeev Nanda, income tax deputy director (investigation) Ashutosh Verma and the Nandas’ chartered accountant Bipin Shah in a late night raid at Mumbai’s JW Marriott Hotel on Saturday.
Subsequently, raids were carried out at 12 places in Delhi, Mumbai, Ghaziabad and Goa.
Suresh Nanda is former navy chief Admiral SM Nanda’s son and is one of the accused in the Barak missiles and armoured recovery vehicle defence deals cases that the CBI is probing.
Suresh Nanda’s son, Sanjeev, is an accused in the infamous BMW hit-and-run case. The 10-year-old case is still in the trial stage. Six people, including three policemen, were run over on Lodhi Road by a BMW allegedly driven by Sanjeev Nanda.
The CBI has recovered Rs 32 lakh, some electronic safes, computers and laptops in the raids. Bipin Shah had allegedly booked the hotel room under a fictitious name and organised a meeting between the Nandas and the income tax officer.
The four have been charged under Section 120-B of the Indian Penal Code for hatching a criminal conspiracy to benefit the Nandas, and sections of the Prevention of Corruption Act (PCA).
CBI has registered a separate case against Ashutosh Verma under the PCA for allegedly abusing his official powers to let the Nandas off in return for a bribe.
A Mumbai court sent the four on transit remand to Delhi, and directed that they be presented in a court within 48 hours.