HC to pronounce order on bail of Kani, Sharad today

The Delhi high court is likely to pronounce its orders on the bail pleas of DMK MP Kanimozhi and Kalaignar TV MD Sharad Kumar, accused in 2G spectrum allocation scam case today.

The Delhi high court is likely to pronounce its orders on the bail pleas of DMK MP Kanimozhi and Kalaignar TV MD Sharad Kumar, accused in 2G spectrum allocation scam case on Wednesday.

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Justice Ajit Bharihoke, who had reserved his orders on May 30 after hearing detailed arguments on their bail applications, would pronounce his orders on Wendesday at 10.30am.

Justice Bharihoke had recently dismissed bail pleas of five corporate honchos, including Unitech Group MD Sanjay Chandra and Reliance ADAG MD Gautam Doshi in the case, saying there were chances that they may influence the witnesses.

Kanimozhi, the 43-year-old daughter of DMK supremo M Karunanidhi and Kumar were named by CBI for allegedly receiving a kick back to tune of Rs 200 crore.

Both Kanimozhi and Kumar have 20% stake each in Kalaignar TV Pvt Ltd which allegedly received Rs 200 crore through a "circuitous" route from Shahid Balwa promoted DB Realty.

DMK chief's wife Dayalu Ammal, who has been left out of the list of accused, owns remaining 60% shares in the channel.

Kanimozhi and Kumar had moved the high court on May 23 challenging the trial court's order which had rejected their bail pleas saying the offence attributed to them was grave and the possibility of influencing the witnesses cannot be ruled out.