The Supreme Court has granted bail to Mohammad Chand Mulani, retired Assistant Commissioner of Police, Pune, and a co-accused in the Rs.21.89 billion stamp paper scam case.
Mulani was arrested in December 2003 on the charge of receiving a bribe of Rs.1.5 million for relieving the wife, daughter and brother of Abdul Karim Telgi, the alleged brain behind the scam, in the case.
A bench comprising judges KG Balakrishnan, GP Mathur and RV Raveendran on Monday granted bail while disposing of an application from Mulani against an order passed by the Bombay High Court rejecting his bail plea.
The apex court bench said according to the prosecution the appellant was to receive Rs 30 million as bribe and Rs 1.5 million was paid as a part of it. It said that the appellant had been in jail for more than two years and nine months. The trial was likely to take several years, as there were more than 800 witnesses to be examined.
"Having regard to the nature of the involvement alleged and the role attributed to the appellant in the charge sheet, we are of the view that this is a fit case for grant of bail to the appellant," the bench said and directed the trial court to release him on bail on his furnishing a security for Rs.200,000 with two solvent sureties for a like sum.