Bombay HC grants conditional bail to estate agent of Pune in Temple Rose land fraud
The Bombay high court has granted a conditional bail to a real estate agent in the Rs 300 crore Temple Rose land fraud case that is being probed by the economic offences wing of the Pune police.
Justice AS Gadkari of the high court ordered the agent, Mustafa Rampurawala, on September 29 to deposit Rs 15 lakh with the probe agency “as a condition precedent” for securing his release. Rampurawala is also required to furnish a personal release bond of Rs 25,000 along with one or two sureties and has to report to the police whenever summoned for the purpose of investigation, the HC order stated.
Justice Gadkari said in his order, “In view of the investigating agency’s call to the agents to refund or deposit the commission amounts and the statement made by the applicant that he (Rampurawala) is ready and willing to deposit the said amount with the investigating agency, I am inclined to release the applicant on bail.”