The former Mumbai Police chief Sanjay Pandey has been given bail by the Delhi High Court in a money laundering case registered by the Enforcement Directorate (ED) in relation to illegal tapping of phones of employees at the National Stock Exchange (NSE)
The order was passed by the Single-judge Justice Jasmeet Singh.
The Special Court has earlier denied bail to the police chief earlier.
The Former police chief Pandey is facing ED and Central Bureau of Investigation (CBI) FIRs alleging illegal tapping of phones of NSE employees by iSec Services Private Ltd, a company he founded, and violation of SEBI guidelines in conducting NSE’s system audit.
It is alleged that illegal tapping of MTNL phones was contrary to the Telegraph Act. For this purpose, ₹4.54 crore was paid which becomes proceeds of crime, it was contended.