TIA NEWS
A Delhi court has issued summons to a former director of Devas Multimedia Pvt Ltd in the Antrix-Devas deal case that had allegedly caused a loss of 578 crore rupees to the exchequer.
Special judge Santosh Snehi Mann passed the order after being told, that the summons issued earlier could not be severed to MG Chandrasekhar since he is now settled in the US. The Court has sought his presence by 26th of April.
The court passed the order while granting bail to former ISRO chairperson G Madhavan Nair and others, including A Bhaskar Narayana Rao, the then director in ISRO, and KR Sridhar Murthy, the then executive director of Antrix, in the case.
The FIR was filed on 16th of March 2015 against Nair and others accusing them of facilitating wrongful gain of 578 crore rupees to private multimedia company Devas by Antrix, the commercial arm of the ISRO.