Breaking News

CBI To Frame Charges Against Former ISRO Chief G. Madhavan Nair

The Delhi Special Court has granted one month’s time frame to the Central Bureau of Investigation (CBI) fo obtaining the sanction to prosecute accused.

The CBI told the court that it had obtained enough sanction to prosecute former ISRO Chairman G. Madhavan Nair and others.

The CBI is probing the case of allegedly extending illegal monetary benefit of Rs. 578 crore to a private multimedia company, Devas, by ISRO’s commercial arm Antrix.

The other accused whose prosecution was approved are A. Bhaskar Narayana Rao, former Director in ISRO, and K.R. Sridhar Murthy, former Executive Director of Antrix.

Special Judge Virender Kumar Goyal took note of the submission and gave time frame of one month to CBI to obtain necessary sanctions to prosecute the accused.

The next hearing is scheduled in this matter for June 1.

The CBI had filed a charge-sheet on August 11 last year alleging the role of Mr. Nair and other senior ISRO officials in the Rs. 578 crore scam. The CBI has accused Nair and others in abusing their official position to favour the private company.

The case is related to the leasing of S-Band which is also a restricted wavelength of INSAT satellites. It is utilised to deliver multimedia information to the mobile receivers in vehicles and mobile phones. 

About Team | NewsPatrolling

Comments are closed.

Scroll To Top