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Home -> Finance -> Full Story
Polaris chief Jain may return to India on Dec 23
Saturday, December 21 2002 18:54 Hrs (IST)

New Delhi: Polaris chief Arun Jain and his colleague Rajiv Malhotra, who were released by Indonesian police on December 20, may get back their passports and other related documents on December 23, paving the way for their return to India on December 23 night.

Jain, who along with Malhotra was detained in Jakarta for over a week following a commercial dispute with Bank Artha Graha, were released on December 20 after a diplomatic intervention.

Despite his release Jain's passport has not been restored leaving a cloud of uncertainity over the date of his return to India.

Information Technology and Communications Minister Pramod Mahajan had on December 20 told reporters that he had talked to Jain who in turn had expressed hope that Polaris would be able to resolve the dispute with the Indonesian Bank by December 23 or December 24.

The Minister had also said that the Indian Embassy had assured the Indonesian authorities that it would not cause any obstruction to the investigations.

PTI





Polaris CEO Arun Jain released in Jakarta