New Delhi: The Supreme Court on Friday dismissed the Enforcement Directorate’s plea challenging the Delhi High Court order granting bail to Karnataka Congress leader D K Shivakumar in a money laundering case.
A bench comprising Justices R F Nariman and S Ravindra Bhat rejected the request of the Solicitor General, appearing for the Enforcement Directorate (ED), to issue a notice to the other side on the appeal.
The Delhi High Court had on October 23 granted bail to Shivakumar.
Shivakumar was arrested by the ED on September 3.
He was in judicial custody as the trial court had denied him bail in the case.
The high court had granted him bail saying he “cannot tamper with the evidence as the documents are with the investigating agencies”.
The ED had opposed his bail plea saying he was an influential person and he could tamper with evidence and influence witnesses if released.
We are deeply grateful to our readers & viewers for their time, trust and subscriptions.
Quality journalism is expensive and needs readers to pay for it. Your support will define our work and ThePrint’s future.
Shivakumar, a seven-time MLA in Karnataka, was booked along with Haumanthaiah — an employee at Karnataka Bhavan in New Delhi — and others for alleged offences under the Prevention of Money Laundering Act (PMLA).
The case was based on a charge sheet filed by the Income Tax Department against them last year before a special court in Bengaluru on charges of alleged tax evasion and ‘hawala’ transactions worth crores or rupees.
The I-T department has accused Shivakumar and his alleged associate S K Sharma of indulging in transactions involving huge amounts of unaccounted money on a regular basis through ‘hawala’ channels with the help of three other accused.
News media is in a crisis & only you can fix it
You are reading this because you value good, intelligent and objective journalism. We thank you for your time and your trust.
You also know that the news media is facing an unprecedented crisis. It is likely that you are also hearing of the brutal layoffs and pay-cuts hitting the industry. There are many reasons why the media’s economics is broken. But a big one is that good people are not yet paying enough for good journalism.
We have a newsroom filled with talented young reporters. We also have the country’s most robust editing and fact-checking team, finest news photographers and video professionals. We are building India’s most ambitious and energetic news platform. And we aren’t even three yet.
At ThePrint, we invest in quality journalists. We pay them fairly and on time even in this difficult period. As you may have noticed, we do not flinch from spending whatever it takes to make sure our reporters reach where the story is. Our stellar coronavirus coverage is a good example. You can check some of it here.
This comes with a sizable cost. For us to continue bringing quality journalism, we need readers like you to pay for it. Because the advertising market is broken too.
If you think we deserve your support, do join us in this endeavour to strengthen fair, free, courageous, and questioning journalism, please click on the link below. Your support will define our journalism, and ThePrint’s future. It will take just a few seconds of your time.