Bail Granted in Money Laundering Case; Court Cites Liberty Over Detention, No Flight Risk for Businessman.

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....The applicant, a highly-educated 50-year-old Indian citizen with a business background and deep roots in society, sought regular bail in a money laundering case related to large-scale malpractice and corruption in the framing and implementation of the Excise Policy for 2021-22. The prosecution's complaint has been filed, and investigations against the applicant are complete. The evidence is documentary, and there is no likelihood of tampering with witnesses. The applicant is not a flight risk, has businesses and professions based in India, and is unlikely to abscond. The Supreme Court has observed that prolonged incarceration before being pronounced guilty should not be permitted, and the fundamental right of liberty is superior to statutor.........