MEGA Scam: Special Court rejects bail plea of ex-IAS officer Sanjay Gupta

The CID (crime) investigating the case had opposed his application saying, “Gupta is a habitual offender who has as many as 91 cases related to financial frauds lodged across the country.”

A special anti-corruption court on Tuesday rejected the bail application moved by ex-IAS officer Sanjay Gupta, currently lodged at Sabarmati central jail, Ahmedabad in connection with the alleged metro rail scam worth Rs.113 crore.

The CID (crime) investigating the case had opposed his application saying, “Gupta is a habitual offender who has as many as 91 cases related to financial frauds lodged across the country.”

On May 14, Gupta was arrested by a CID officer alleging that as the executive chairman of Metro-Link Express for Gandhinagar and Ahmedabad Company Ltd (MEGA), he paid Rs 147 crore for filling land (20 lakh cubic metre) at Bhat Koteshwar-Motera area for constructing a casting yard and a depot. But only 9.42 cubic metre filling was done while the cost of 11 lakh cubic metre, worth Rs 113 crore, was allegedly pocketed by Gupta.

Gupta was the chairman of the MEGA between 2011 and 2013. The CID has claimed that the scam happened between 2012 and 2013. In 2013, Gupta had resigned from the post. A 1985-batch former IAS Gupta is the owner of Neesa Group of hotels and resorts under the brand name of Cambay in various parts of the country.

Opposing the bail plea, the CID had claimed that it has traced money transaction of Gupta allegedly revealing how he siphoned off large amounts of money to his companies, which are found to have been forged.

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