TMI BlogMoney laundering case accused granted bail after 20-month incarceration pending trial.The High Court granted bail to the accused in a money laundering case under the Prevention of Money Laundering Act, 2002. The case involved allegations of illegal appointments in exchange for extraneous considerations. Despite the seizure of incriminating evidence, the court emphasized the need to assess the co-accused's statement during trial. Given the accused's prolonged incarceration of approximately 20 months without trial, potential further delays, first-time offender status, and the fundamental right to life and personal liberty under Article 21, bail was granted with stringent conditions. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|