4 months ago
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The Directorate of Enforcement (ED) has arrested Aneesh Babu, 34, a Kollam-based industrialist engaged successful cashew commercialized nether the Prevention of Money Laundering Act (PMLA).
The apprehension comes a week aft the Judicial First Class Magistrate Court-VIII, Ernakulam, issued notices to Mr. Aneesh and his parent pursuing a ailment filed by the ED for allegedly ignoring repeated summons for their appearance. He was arrested from a edifice successful Ernakulam.
The ED initiated investigations against Mr. Aneesh and others based connected 5 antithetic First Information Reports registered by the State constabulary for offences, including forgery and cheating.
According to the ED, Mr. Babu was issued 8 summons and his parent 7 betwixt September 2021 and December 2025. He failed to look connected 7 occasions and was non-cooperative connected the 1 juncture helium did attend. The ED alleged that the accused had nary satisfactory mentation for their repeated non-attendance, thereby intentionally disobeying directives issued nether Section 50 of the PMLA.
In the aftermath of the ED complaint, Mr. Babu, from an undisclosed location, disputed the ED’s assertion of issuing 8 summons against him and described the enactment arsenic vindictive, alleging that it was retaliation for his accusation that an ED authoritative had demanded a bribe of ₹2 crore to settee the agency’s lawsuit against him and his family.
In its complaint, the ED submitted that the accused’s repeated non-attendance and nonaccomplishment to nutrient documents amounted to deliberate disobedience of lawful directives. This, it argued, obstructed investigators from identifying the usage and concealment of proceeds of crime.
The Kerala High Court, portion considering Mr. Babu’s bail plea, observed that the “accused is not cooperating with the probe and custodial interrogation of the applicant appears to beryllium necessary.” His anticipatory bail pleas were dismissed by the Sessions Court, the High Court, and the Supreme Court.
