Charges against Bhatnagar were dropped due to lack of 'admissible' evidence. The ED had accused him of 'layering of the proceeds of crime' for Nath's nephew Ratul Puri.
Moser Baer executive director, Ratul Puri was arrested by the ED in August and is in judicial custody presently. He is being investigated in a money laundering case.
Ratul Puri is already in ED custody in connection with a multi-crore bank fraud case. He is also being investigated for his alleged links to the AgustaWestland chopper scam.
Madhya Pradesh CM Kamal Nath said he had no connection to Ratul Puri's business, but accused Modi govt of using central agencies to target political opponents such as P Chidambaram.
Ratul Puri was earlier reported to have escaped from Enforcement Directorate office in Delhi when he was called for questioning in AgustaWestland scam.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Using this technology, IDF carried out fully robotic combat missions, drastically reducing risk to Israeli troops. The robotic combat task force also enhanced situational awareness.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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