Shakti Bhog Foods Managing Director Gets Bail In Money Laundering Case
NDTV
Justice Jasmeet Singh granted relief to Kewal Krishan Kumar on account of his health condition while observing that he had been in custody for over 18 months.
The Delhi High Court on Friday granted bail to Shakti Bhog Foods chairman and managing director Kewal Krishan Kumar in connection with a money laundering probe arising from an alleged multi-crore bank loan fraud.
Justice Jasmeet Singh granted relief to the 70-year-old on account of his health condition while observing that he had been in custody for over 18 months and although the charge sheet was yet to be filed, the investigation against him was complete.
The accused, arrested in July 2021, sought bail on the ground that he fell within the category of "sick" and "infirm person" and was thus entitled to release under the Prevention of Money Laundering Act (PMLA).
In view of the medical reports, the court opined that although Kumar was not "sick" as his ailments were not grave or life-threatening, he was suffering from infirmities in view of seizure disorders and mild behavioural disorder and his condition in January presented a grim picture.
