The Delhi High Court on Wednesday granted bail to the Karnataka Congress leader DK Shivakumar, who was lodged in Tihar Jail in connection with a money laundering case. The court has however made it clear that he cannot leave the country.<\/p>\n
Justice Suresh Kumar Kait granted relief to Shivakumar saying that he was not a flight risk. The judge also said that Shivakumar cannot tamper with evidence as documents are with investigating agencies and there is no material to show he has influenced witnesses.<\/p>\n
The court directed that he be released on bail on furnishing a bond of Rs 25 lakh and two sureties of like amount. \\<\/p>\n
Shivakumar, an all purpose man of the Congress leadership was arrested by the Enforcement Directorate (ED) on September 3 in \u00a0the money laundering case and was lodged in Tihar jail under judicial custody. A seven time MLA,\u00a0 he was booked along with an employee of Karnataka Bhavan in New Delhi and a few others over charges of corruption and money laundering under the Prevention of Money Laundering Act (PMLA).<\/p>\n
The case was based on a charge sheet filed by the Income Tax Department against Shivakumar and others last year before a special court in Bengaluru on charges of alleged tax evasion and ”hawala” transactions worth crores or rupees.<\/p>\n
The I-T department has accused Shivakumar and his alleged associate S K Sharma of indulging in transactions involving huge amounts of unaccounted money on a regular basis through ‘hawala’ channels with the help of three other accused.<\/p>\n
–<\/em>India Legal Bureau<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" The Delhi High Court on Wednesday granted bail to the Karnataka Congress leader DK Shivakumar, who was lodged in Tihar Jail in connection with a money laundering case. The court has however made it clear that he cannot leave the country. Justice Suresh Kumar Kait granted relief to Shivakumar saying that he was not a […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[58578],"tags":[950,1377,1487,2198,75530],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/posts\/74094"}],"collection":[{"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/comments?post=74094"}],"version-history":[{"count":0,"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/posts\/74094\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/media?parent=74094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/categories?post=74094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.indialegallive.com\/wp-json\/wp\/v2\/tags?post=74094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}