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Katta Subramanya Naidu granted bail


Mangalore Today News Network

Bangalore, Oct 31, 2011: Former Minister Katta Subramanya Naidu, an accused in the Karnataka Industrial Area Development Board scam, was granted bail by the state high court today.

KattaJustice B V Pinto granted him bail fo a three month period on a condition that he furnishes a Rs five lakh bond.

Katta had moved the high court seeking bail on medical grounds and is currently undergoing treatment for cancer in a hospital in Mumbai.

Naidu, his son Jagadish, a Bangalore city Corporator, and ITASKA Software firm MD Srinivas had filed bail applications on August 9, a day after they were remanded to judicial custody by a lower court.

The special Lokayukta Court had rejected their bail pleas in connection with the KIADB land scam and irregularities in securing compensation for those whose lands were acquired.
The court had remanded them in judicial custody till August 22, after which police took them into custody.

Naidu had resigned from the B S Yeddyurappa ministry last December after registration of an FIR.

Courtesy: Deccan Herald