Bail Denied for Applicant Linked to Money Laundering Allegations Due to Risk and Insufficient Proof of Innocence.

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....Seeking grant of bail - Money Laundering - The case revolves around multiple FIRs implicating the firm M/s. Vikas Construction and related entities. Despite the applicant's claims of no involvement, substantial evidence of financial transactions linked the applicant to proceeds of crime. The court scrutinized these transactions and found patterns indicative of money laundering. Applying the twin conditions of Section 45 of the PMLA, the court concluded that the applicant failed to demonstrate he was not guilty and posed risks if released on bail. Consequently, the court rejected the bail application.....