Arms dealer Suresh Nanda, son Sanjeev Nanda arrested
Arms dealer Suresh Nanda, charged with receiving kickbacks in defence deals, his son and two others have been arrested by CBI for allegedly conspiring to fudge their account books seized by the IT department during a raid last year.
They were arrested in Mumbai last night by the investigative agency after registering a case against Nandas, Income Tax Deputy Director Ashutosh Verma and chartered accountant Bipin Shah, official sources said in New Delhi on Sunday.
Verma, an Indian Revenue Service officer of 1999 batch, is alleged to have helped the Nandas in fudging account books seized during a raid in February last year, they said.
The case has been registered against Nanda, his son Sanjeev Nanda, the key accused in the BMW hit and run case, Verma and Shah under various sections of Indian Penal Code and Prevention of Corruption Act.
Nanda's chartered accountant and the income tax officer were also accused of trying to manipulate IT orders in the favour of Nandas.
The IT department had searched 20 premises of arms dealer Nanda in New Delhi and in Mumbai and claimed to have recovered cash worth several lakh of rupees and a large number of documents.
The tax officials had claimed to have recovered documents allegedly indicating Nanda's unaccounted wealth to the tune of several crore of rupees.
Nanda has been accused by CBI of receiving kickbacks pertaining to the purchase of Rs 1150 crore Barak missile systems and armoured recovery vehicles.