The Telegraph
Since 1st March, 1999
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Polaris chief gets return ticket

New Delhi, Dec. 24 (PTI): Polaris Software chairman Arun Jain and his colleague Rajiv Malhotra would arrive in Chennai tonight, a week after the two were detained by Indonesian police following a commercial dispute with Bank Artha Graha.

Earlier during the day, the two Polaris officials were returned their passports, paving the way for their return to India.

After high-level diplomatic intervention by India, Jain and Malhotra were released on December 20 by Jakarta police ending their week-long detention.

“The passports were returned to them by the Indonesian authorities,” charge d'affaires at the Indian embassy in Jakarta, Amar Sinha, said.

Polaris vice-president Raghuraman Balakrishnan said from Chennai, “We will fully cooperate with the Indonesian authorities if the commercial dispute goes to Singapore for arbitration.”

He said the company would firm up the future course of action in a day or two after the arrival of the duo.

Asked about the delay in getting back the passports, Sinha said the time taken could have been to complete “necessary formalities”.

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