Mithi River desilting scam: Court grants bail to accused Jay Joshi, cites lack of evidence
The prosecution claimed that equipment hire agreements were signed on January 15 and 16, 2021, despite Joshi's company not owning the machines until March 28, 2023. The machines, purchased for Rs 3.05 crore, were allegedly rented out at approximately Rs 30 lakh per month each.Granting bail, Judge NG Shukla observed, 'Prima facie, there is no material indicating that the applicant compelled contractors or bidders to hire machines on rent, causing wrongful loss to the BMC.'The court also found no evidence linking Joshi to allegations of forgery. Noting that Kadam was the signatory on the documents, the judge added, 'There is no evidence of the applicant, as a director, compelling contractor companies' directors to hire the machines. In the absence of a specific role, there is no compelling reason to deny bail.'advertisementThe court further noted procedural lapses in Joshi's arrest, including the failure to inform his wife in writing at the time of his arrest at 10:30 pm. 'It would not have been difficult for the investigating officer to send a woman police constable to the applicant's Mumbai residence that night to provide written notification, enabling his relatives to seek legal advice,' the judge remarked.Finally, the court dismissed the prosecution's argument that other accused were still at large as an insufficient ground to deny bail to Joshi.Must Watch
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Mithi River desilting scam: Court grants bail to accused Jay Joshi, cites lack of evidence
The Mumbai Sessions court, while granting bail to Jay Joshi, a director of Virgo Specialities Pvt Ltd, on Thursday implicated in the Mithi river desilting scam, ruled that no evidence suggested he coerced contractors into renting machines, thereby causing financial loss to the Brihanmumbai Municipal Corporation (BMC).Thirteen individuals, including three BMC officials, have been booked in connection with the alleged fraud, which involved financial irregularities, inflated tenders, and corrupt practices, reportedly resulting in a Rs 65 crore loss to the civic was arrested on May 7 by the Economic Offences Wing (EOW) of Mumbai Police, who alleged that he and co-accused Ketan Kadam, a director of Woder India LLP, acted as middlemen. They purportedly manipulated the tender process to force contractors to rent machines from a firm linked to them for desilting work. The prosecution claimed that equipment hire agreements were signed on January 15 and 16, 2021, despite Joshi's company not owning the machines until March 28, 2023. The machines, purchased for Rs 3.05 crore, were allegedly rented out at approximately Rs 30 lakh per month bail, Judge NG Shukla observed, 'Prima facie, there is no material indicating that the applicant compelled contractors or bidders to hire machines on rent, causing wrongful loss to the BMC.'The court also found no evidence linking Joshi to allegations of forgery. Noting that Kadam was the signatory on the documents, the judge added, 'There is no evidence of the applicant, as a director, compelling contractor companies' directors to hire the machines. In the absence of a specific role, there is no compelling reason to deny bail.'advertisementThe court further noted procedural lapses in Joshi's arrest, including the failure to inform his wife in writing at the time of his arrest at 10:30 pm. 'It would not have been difficult for the investigating officer to send a woman police constable to the applicant's Mumbai residence that night to provide written notification, enabling his relatives to seek legal advice,' the judge the court dismissed the prosecution's argument that other accused were still at large as an insufficient ground to deny bail to Watch
