The government of India has terminated the services of Syndicate Bank chairman and managing director S K Jain, an accused in the bribery scandal. A special court rejected CBI's plea for custodial interrogation of Jain and two other co-accused in a bribery case and remanded them to judicial custody.
Special CBI Judge Swarana Kanta Sharma sent Jain and Vineet Godha to a day's judicial custody. The court, however, remanded alleged middleman Purushottam Totlani to one-day CBI custody after he was arrested by the agency in another related bribery case in the courtroom itself. Jain, Godha and Totlani were produced before the court after expiry of their police custody. The CBI had earlier taken Totlani's custody to interrogate him and confront him with intercepted telephonic conversations.
