The retired IPS officer was Wednesday granted bail by a CBI court in connection with the National Stock Exchange phone tapping case. He spent nearly five months behind bars following his arrest in July.
The Central Bureau of Investigation (CBI) had arrested him in September in connection to the case. Recently, Pandey was granted bail by the Delhi High Court in Enforcement Directorate (ED) case related to the NSE phone tapping case
The court noted the observation made by the High Court regarding the lack of essential ingredients of the predicate offences and said, ‘this court is inclined to grant bail to the accused/applicant even in the instant case’. The fact that CBI was not a party to the bail application of the applicant moved before the High Court in said ED matter, cannot be a ground to urge this court to take a different view with regard to the predicate offences.
The court said Undoubtedly, the observations contained in the aforementioned order are reflective of only the prima facie view taken by the High Court but, this court also at this stage is required to only take a prima facie view of the matter,”