Bengaluru: The First Additional Chief Metropolitan Magistrate in Bengaluru yesterday granted bail to mining baron and former Minister Gali Janardhan Reddy, who was arrested in the Rs. 600 crore Ambidant Marketing Ponzi scam.
Reddy was arrested on Nov. 10 and was remanded to judicial custody in an alleged bribery case involving the Ambident Group. He is suspected to have received 57 kg gold worth Rs. 18 crore to help an accused in a case which was being investigated by the Enforcement Directorate (ED).
