NEW DELHI (PTI): V. Krishnamurthy former planning commission member who was arrested on August 7 by the CBI (Central Bureau of Investigation) for his alleged involvement with Harshad Mehta in the multi-crore securities scam was remanded by a Delhi court to police Custody till August 14, on Saturday,

Krishnamurthy and his son K. Chandra, were arrested from their residence following CBI’s registration of a case of corruption against the two, “Big Bull” Harshad Mehta and K.J investments private limited in connection with the scam,

The CBI also carried Out raids at over 20 establishments of KJ. investments and associated concerns, owned by the Krishnamurthy family, in Delhi, Bombay, Madras and Bangalore,

Article extracted from this publication >> Aug 21, 1992