Corporate Espionage Case: Cops arrest 5 more persons in espionage case

Corporate Espionage Case: Reliance Industries shares fell as much as 3.4 per cent on Friday: Five senior executives from top energy firms and two consultants were among seven more people arrested on Friday in the sensational corporate espionage scandal in which classified documents including an input for upcoming Finance Minister's budget speech were allegedly leaked. With this, the total number of arrests in the case busted yesterday rose to 12.

"We have arrested five persons. Shailesh Saxena from RIL, Vinay Kumar from Essar, KK Naik from Cairns, Subhash Chandra from Jubilant Energy and Rishi Anand from ADAG Reliance," said Joint Commissioner of Police (Crime) Ravindra Yadav tonight.

Corporate Espionage Case: Reliance Industries shares fell as much as 3.4 per cent on Friday: According to Additional Commissioner of Police (Crime) Ashok Chand, all these company executives were receivers of the stolen documents which have been recovered by police teams during raids from their establishments.

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