Money Laundering Case : Bombay HC rejects bail plea of Sena’s Anandrao Adsul in money laundering case

Insight Online News

Mumbai, Dec 3 : The Bombay High Court on Friday rejected the anticipatory bail plea of former Shiv Sena MP Anandrao Adsul in a money laundering case.

While rejecting the plea, Justice W N Sambhare held that this is not a case of anticipatory bail.

The former Union Minister had approached the High Court after the Mumbai Sessions Court refused to grant interim relief in the anticipatory bail application filed by him.

The former parliamentarian is being investigated by the ED in connection with the alleged Rs 980 crore fraud at the City Co-operative Bank.

Adsul had himself filed a complaint with the Economic Offences Wing of Mumbai Police against some trustees of the bank.

Police registered a case for criminal breach of trust, cheating and criminal conspiracy for alleged irregularities in loan disbursement by City Co-operative Bank.

Following the complaint of a BJP leader, the ED too initiated an investigation and issued three summons to Adsul to appear in person or through a representative in connection with the case.

However, he did not respond to the summons.

UNIINDIA

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