Land scam accused Ashok Malhotra’s cars released
May 2nd, 2009 - 9:55 pm ICT by IANSNew Delhi, May 2 (IANS) A Delhi court Saturday ordered a conditional release of five luxury cars owned by Ashok Malhotra, the alleged mastermind of the multi-million land scam in the capital.
Special Central Bureau of Investigation (CBI) Judge S.P. Garg passed the order on a plea by Malhotra who is accused of having entered into a criminal conspiracy with some Delhi Development Authority (DDA) officials for fraudulently acquiring plots meant for resettlement of slum-dwellers during 2000-02.
The CBI had seized 17 luxury cars, with VIP number plates, from Malhotra’s home in north Delhi following a raid in August 2007.
The court asked Malhotra to deposit bank guarantee or fixed deposits to the tune of the cost of five luxury cars - Toyota Camry, Endeavour SUV, Octavia, Chevrolet, Land Cruiser Prado - and a Hero Honda Karizma bike, which would come to around Rs.3.94 million.
- Karnataka gives tax sops to Toyota's second car plant - Jun 23, 2011
- Toyota's August sales up 84 percent - Sep 01, 2011
- Budget impact: Toyota Kirloskar to increase prices - Mar 16, 2012
- Delhi land scam: Charges to be framed against 10 accused - May 05, 2012
- Toyota investing Rs.500 cr for engine plant in India - Jul 06, 2010
- Missing documents: CBI moves court against summons - Jan 11, 2012
- Toyota's second production unit in India to be ready by Dec - Aug 29, 2010
- Land scam: CBI joint director appears in court (Lead) - Jan 12, 2012
- Toyota launches diesel version of Corolla Altis - Jul 21, 2010
- Toyota to recall 34,000 vehicles worldwide - Apr 20, 2010
- Missing documents: CBI moves court against summons (Lead) - Jan 11, 2012
- It's raining VVIPs, celebrities at Mohali - Mar 30, 2011
- Skoda's August sales up 33 percent - Sep 01, 2009
- 'CBI director needn't appear before trial court' - Jan 12, 2012
- 'CBI director needn't appear before trial court' (Lead, correcting year in paras 3,4) - Jan 12, 2012
Tags: ashok malhotra, bank guarantee, cbi, central bureau of investigation, conditional release, criminal conspiracy, delhi court, delhi development authority, fixed deposits, garg, hero honda karizma, karizma bike, land cruiser, land cruiser prado, land scam, luxury cars, north delhi, number plates, slum dwellers, toyota camry