Essel Chairman Subhash Chandra to join Zeegate probes within 96 Hours

Subhash Chandra, the Chairman of Essel Group  (which owns Zee News) has intimated Police that he would join probes within 96 Hours in the Extortion Case. Zee Group is under scanner for extorting Money from Jindal Group for not filing news reports linking the firm to the allegedly irregular coal block allocation

Meanwhile, a Delhi court also dismissed the bail plea of two Zee News Senior Editors  arrested in the same case. Metropolitan Magistrate Rajinder Singh dismissed the bail plea of the duo, who were sent to 14 days’ judicial custody November 30.

Sudhir Chaudhary, head of Zee News, and Samir Ahluwalia, head of Zee Business, were arrested on November 27 on charges of attempting to extort Rs.100 crore from Jindal Power and Steel Ltd. in exchange for not filing news reports linking the firm to the allegedly irregular coal block allocation.

The Jindal Group filed an extortion complaint against them.

Police booked both the journalists under Sections 384 (extortion), 120(b) (criminal conspiracy) and 511 (punishment for attempting to commit offences punishable with imprisonment for life or other imprisonment) of the Indian Penal Code (IPC). Before arresting Chaudhary and Ahluwalia Tuesday, police also charged them under Section 420 (cheating).

 

Regarding the Subhash Chandra, Zee News advocate R.K. Handoo told IANS that he has submitted a letter to Deli Police on behalf of Subhash Chandra seeking 96 hours time to join investigation.

Delhi Police had twice served notice to Chandra last month asking him to join investigations after the arrest of Zee editors Sudhir Chaudhury and Samir Ahluwalia for their alleged extortion bid of Rs.100 crore from Congress MP Naveen Jindal’s company for not airing news damaging to it.

“Chandra will join the interrogation to suppress public “misimpression” that he is deliberately not joining investigations,” said Handoo.

Terming the campaign as “vicious”, “malafide” and “unwarranted”, the letter said Chandra has informed police Nov 27 that he went ahead with his “pre-scheduled” meetings and engagements in India and abroad.

The letter also noted that as chairman of Essel Group, he has his meetings planned nearly two months in advance and any abrupt change not only affects the schedule of other businesses but also brings disrepute to him.

“That is why to honour his commitments in India and abroad, my client had well in advance and before your arrest action, requested you to adjourn the matter till his return from overseas.

“… because of the distorted campaign unleashed by vested interests, he is prepared to reschedule and cut short his overseas engagements and shall come to India only to join the investigations at your convenience forthwith,” the lawyer said in the letter.

Investigators have told a local court earlier that they were treating him as an accused as he knew about the dealings between his employees and Congress MP Naveen Jindal’s company.

Zee Group has denied the allegations and demanded the immediate release of its two senior journalists, alleging that the police action was “illegal” and “designed for something else”.