5 months ago
1
The Kerala High Court has rejected an anticipatory bail plea of Aneesh Babu, a cashew trader who had been accused of cheating aggregate radical of astir ₹25 crore and besides wealth laundering.
He reportedly promised to present imported cashew. The Enforcement Directorate (ED) had charged him with offences nether aggregate Sections of the IPC and besides nether the Prevention of Money Laundering Act (PMLA).
A Bench of Justice Kauser Edappagath precocious dismissed his bail plea, observing that prima facie, a lawsuit of wealth laundering had been made retired against him and hence his custodial interrogation was needed. The tribunal besides considered that the probe was successful a important stage.
Mr. Babu approached the High Court aft the Sessions Court dismissed his bail plea. He contended that helium was innocent, and that cases were registered against him aft helium complained of ‘corruption’ by an ED official.
