City
Epaper

Delhi HC grants bail to D K Shivakumar in money laundering case

By ANI | Published: October 23, 2019 3:00 PM

The Delhi High Court on Wednesday granted bail to Karnataka Congress leader D K Shivakumar in connection with an alleged money laundering case.

Open in App

The Delhi High Court on Wednesday granted bail to Karnataka Congress leader D K Shivakumar in connection with an alleged money laundering case.

The bail was granted on a condition that he cannot influence the witnesses or tamper with the evidence and leave the country without prior permission of the court.

The Congress leader has also been asked to make himself available for the investigation whenever necessary.

To avail the bail, Shivakumar will have to submit a personal bond of Rs 25 lakh and two surety of like amount.

Shivakumar was arrested on September 3 by the Enforcement Directorate (ED) and sent to judicial custody till October 25 in the Tihar jail here.

He had moved the high court after a trial court rejected his bail application by asserting that he was not entitled to avail it at that stage of the investigation.

The court while rejected his bail plea had said that the investigation is at an initial stage and the agency must get a free and fair chance to reach a logical conclusion.

The alleged money laundering case was registered against him by the ED in September last year, based on a complaint filed by the Income Tax department, alleging tax evasion and hawala transactions amounting to crores.

The I-T Department, during the initial probe, had allegedly found unaccounted and misreported wealth linked to Shivakumar.

( With inputs from ANI )

Tags: ShivakumarKarnataka CongressDelhi High CourtI T Department
Open in App

Related Stories

NationalDelhi High Court Seeks CBI and ED Response on Manish Sisodia’s Bail Plea in Alleged Excise Policy Scam

PoliticsExcise Policy Case: Delhi HC Allows AAP's Manish Sisodia to Meet His Ailing Wife Once A Week

NationalManish Sisodia Moves Delhi HC Seeking Bail in Excise Policy Case

NationalDelhi High Court Rejects Plea To Disqualify PM Narendra Modi From Contesting Elections

NationalDelhi HC Raps Arvind Kejriwal Government for Failing to Distribute Books to MCD Schools

National Realted Stories

NationalPM Modi to hold two rallies in UP, roadshow in Ayodhya today

NationalBSP leader Akash Anand's rallies postponed in UP

NationalKota suicides: Experts call April-May 'high-risk' months, urge administration to make counselling mandatory

NationalIndia holds talks for closer ties on critical minerals, shrimp farming with Australia

NationalBJP's Kolkata Uttar LS candidate files complaint with EC against Trinamool candidate