Special court summons 10, including former ISRO officials in Antrix-Devas case

The DMPL, Chandrashekar and Desaraju Venugopal, ex-employees of ISRO, have been chargesheeted under Section 120 B and other related offences of cheating etc.

Published: 03rd February 2019 03:27 AM  |   Last Updated: 03rd February 2019 06:35 AM   |  A+A-

Chandrayaan-2, ISRO

Image used for representational purpose.

By Express News Service

BENGALURU: A special court in Bengaluru hearing the Antrix-Devas case has summoned 10 accused, including former officials of ISRO, to appear before it on March 14, finding them prima facie involved in money laundering as per the chargesheet filed by the Directorate of Enforcement, Bengaluru Zone. 

The accused were allegedly involved in creating and establishing fictitious company,  DMPL, and entered into an MoU with Antrix Corporation Limited (ACL). They later secured the delivery of S-Band and allegedly laundered `579.07 crore by diverting the funds to various companies like Columbia Capital Devas Mauritius Limited.

According to the order of Rajashekar Venkanagouda Patil, the XXI aditional city civil and sessions  judge and principal judge for CBI Cases, Bengaluru City, the 10 accused are —  Devas Multimedia Pvt Ltd (DMPL), Ramachandran Vishwanathan, representing Devas Multimedia America Inc, claimed to be existing in USA, M G Chandrashekar, Desaraju Venugopal, former officials of ISRO, Nataraj Dakshinamurthy, Ranganathan Mohan, ex-directors of DMPL, Devas Multimedia America Inc, DCT Telecommunications Private Limited, DCT Networks Pvt Ltd and Kuppam Ramaiyer Sridhara Murthi, then Managing Director of ACL, one of the commercial wings of ISRO.  

The DMPL, Chandrashekar and Desaraju Venugopal, ex-employees of ISRO, have been charge-sheeted under Section 120 B and other related offences of cheating etc. whereas summons were issued against all 10 accused for the offences punishable under Sections 3 and 4 of the Prevention of Money Laundering Act. 

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp