The court granted regular bail to the applicant in a money ...

Bail granted in money laundering case tied to excise policy scam.

September 20, 2024

Case Laws Money Laundering HC

The court granted regular bail to the applicant in a money laundering case related to the alleged excise policy scam. The predicate offence was a CBI case registered under the Prevention of Corruption Act, where the applicant was named but not arrested. The applicant, an experienced professional with social work credentials, was held to satisfy the triple test for bail - no risk of tampering evidence, influencing witnesses, or fleeing. Stringent conditions were imposed, including a personal bond and sureties. The court noted the voluminous evidence, multiple accused already on bail, and the applicant's prolonged custody. The bail application was allowed, subject to fulfilment of conditions.

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The court granted regular bail to the applicant in a money ...

Bail granted in money laundering case tied to excise policy scam.

September 20, 2024

Case Laws Money Laundering HC

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