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SC reiterates 'jail is exception' as it grants bail to AAP's Vijay Nair

Business Standard LogoBusiness Standard9h ago

SC reiterates 'jail is exception' as it grants bail to AAP's Vijay Nair - Business Standard

Quick Summary:

According to the central agencies, the excise policy was allegedly altered to favour certain traders, with profit margins adjusted in their favour.

A Bench comprising Justices Hrishikesh Roy and SVN Bhatti expressed concerns that the Enforcement Directorate (ED) had not adhered to its timeline for completing the trial, despite earlier assurances.

Nair is accused of being the recipient of the alleged Rs 100 crore kickback, which was supposedly transferred or delivered to him by the 'South group' liquor lobby.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-02 @ 14:05:43 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 480 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22329297

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 290 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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