New Delhi [India], November 16 (ANI): A Delhi court has granted regular bail to businessman Rajesh Katyal, who was arrested by the Enforcement Directorate (ED) for his alleged involvement in laundering over Rs 200 crore in proceeds of crime (POC) through his companies. Katyal had earlier been granted interim bail by the Delhi High Court. Also Read | Palakkad Assembly By Election 2024: Kerala BJP Leader Sandeep G Varier Joins Congress Ahead of Polls.
Special Judge Gaurav Gupta in an order passed on November 14, 2024 granted regular bail to businessman Rajesh Katyal noted that the twin hurdles of Sec. 45 PMLA have been overcomed by the accused. Since, the existence of the predicate scheduled offence itself is doubtful, there are reasonable grounds for the court to believe that the accused is not guilty of the alleged offence.
Also Read | PM Modi Departs for 3-Nation Tour: Prime Minister Narendra Modi Leaves for 5-Day Visit to Nigeria, Brazil, and Guyana; Says 'Eagerly Looking Forward to Meeting Indian Community and Friends' (Watch Video). Further, it is a matter of record that the accused had joined the investigation on atleast 04 occasions in the past. There is nothing to show that the accused had ever misused the liberty granted to him.
He had also not tried to flee from justice. As such, the accused does not appear to be likely to commit any offence while on bail, said the Court. Court noted that ED's case was initiated based on 08 FIRs pertaining to EOW, Delhi Police and Ha.