Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » India
1-min read

Delhi HC Grants Bail to Karnataka Congress Leader DK Shivakumar in Money Laundering Case

Justice Suresh Kait granted relief to the Congress leader saying that DK Shivakumar cannot tamper with evidence as documents are with investigating agencies and there is no material to show he has influenced witnesses.

News18.com

Updated:October 23, 2019, 3:56 PM IST
facebookTwitter Pocket whatsapp
Delhi HC Grants Bail to Karnataka Congress Leader DK Shivakumar in Money Laundering Case
File photo of Karnataka Congress leader DK Shivakumar. (PTI)

New Delhi: Karnataka Congress leader DK Shivakumar, who was lodged in Tihar Jail in connection with a money laundering case filed by the Enforcement Directorate (ED), was granted bail by the Delhi High Court on Wednesday.

Justice Suresh Kait said the Congress leader was "entitled" for grant of bail as no material has been shown to indicate that he was a flight risk. The judge added that Shivakumar, 57, cannot tamper with evidence as the documents are with the investigating agencies.

The court further said that he no longer was in power and there was no evidence to show that he or his family members or close associates attempted to influence witnesses. It directed, however, that he be released on bail on furnishing a bond of Rs 25 lakh and two sureties of like amount.

The other conditions laid down by the high court while granting him the relief include not leaving the country with the concerned trial court's permission, making himself available for interrogation when required and not to influence the witnesses.

Shivakumar was arrested by the ED on September 3 in the money laundering case. He is lodged in Tihar jail under judicial custody and had challenged the trial court's order denying him bail in the case.

The ED had opposed his bail plea saying he was an influential person and he could tamper with evidence and influence witnesses if released.

Shivakumar, a seven-time MLA in Karnataka, was booked along with Haumanthaiah -- an employee at Karnataka Bhavan in New Delhi-- and others for alleged offences under the Prevention of Money Laundering Act (PMLA).

The case was based on a charge sheet filed by the Income Tax Department against them last year before a special court in Bengaluru on charges of alleged tax evasion and 'hawala' transactions worth crores or rupees.

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.

(With PTI inputs)

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

facebookTwitter Pocket whatsapp

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results