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Delhi court grants bail to Robert Vadra in Haryana land deal case

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Businessman Robert Vadra was on Saturday granted bail by a Delhi court in the Enforcement Directorate’s money-laundering case linked to the Shikohpur land deal, even as the agency informed the court that further investigation was still underway.Special Judge (PC Act) Sushant Changotra of the Rouse Avenue district court granted bail to Vadra on furnishing a surety bond of Rs 50,000. The court noted that the ED had filed its prosecution complaint without arresting him during the investigation.Appearing for the ED through video-conferencing, advocate Zoheb Hossain told the court that the agency was in the process of filing a status report and sought two weeks to place an additional report on record after carrying out further investigation. He also stated the court that the accused had challenged the trial court’s order taking cognisance of the chargesheet.The development came a day after the Delhi High Court heard Vadra’s plea challenging the trial court order taking cognisance of the ED chargesheet in the case.Senior advocate Abhishek Manu Singhvi, appearing for Vadra before the High Court, argued that the alleged predicate offences pertained to the period between 2008 and 2012, while some of the offences invoked by the ED were included in the schedule to the Prevention of Money Laundering Act only later.Opposing the plea, ED counsel Zoheb Hossain argued that the petition was based on an erroneous interpretation of law. Justice Manoj Jain posted the matter for further hearing on May 18.Earlier in the day, Vadra appeared before the Rouse Avenue court pursuant to summons issued in the PMLA case. Last month, the trial court had taken cognisance of the ED’s chargesheet filed against him and other accused in connection with the alleged land deal irregularities.Outside the courtroom, Vadra said he continued to have faith in the judicial system and maintained that he had nothing to conceal. At the same time, he alleged that the ED was functioning at the behest of the government.The money-laundering case arises from a February 2008 land transaction involving Skylight Hospitality Pvt Ltd, a company in which Vadra had earlier served as director. According to the ED, the company purchased nearly 3.5 acres of land in Shikohpur, Haryana, for Rs 7.5 crore and later sold it to real estate major DLF in 2012 for around Rs 58 crore.The ED has alleged that undue advantages were granted during the process, including swift mutation of the land and development permissions that substantially increased the value of the property.

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