Bail Denied Under PMLA Section 45 for Ex-Minister in Money Laundering Case Involving Bribe Commissions

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The HC dismissed the petitioner's application for regular bail under the PMLA, finding a prima facie case of money laundering linked to commission received as bribes for tender allotments. The petitioner, a former Cabinet Minister, was implicated through evidence showing a 1.35% commission share routed via his personal secretary. Statements recorded under Section 50 of the PMLA were held admissible and strongly implicated the petitioner. The Court emphasized the stringent twin conditions under Section 45 of the PMLA for bail, requiring reasonable grounds to believe the accused is not guilty and unlikely to reoffend, which were not met. The principle of parity was rejected as the petitioner's involvement was distinguishable and more direct t.........