Land scam accused Ashok Malhotra’s cars releasedMay 2nd, 2009 - 9:55 pm ICT by IANS
New 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.