Karnataka’s Ex-minister D.K. Shivakumar is granted conditional bail on Wednesday, by the Delhi High Court in the money laundering case filed by Enforcement Directorate (ED).
D.K. Shivakumar has been interrogated extensively by ED since the day of his arrest and further in the custodial period, the Court observed that no more interrogation is required in the future, the single judge bench of justice Suresh Kumar kait opined.
Justice Kait stated that the D K Shivakumar is not a flight-risk and he cannot tamper with evidence as all the documents are with ED. The court also said that he has not influenced the witnesses.
He has cooperated with all questions framed by ED. All documents pertaining to the case are with the Agency. Hence, D.K. Shivakumar is granted bail, Justice said.
Bail granted on a personal bond of 25 lakhs of rupees and two securities of the same amount.
D.K. Shivakumar moved to the Delhi High Court last month after the bail is denied by the Special Court.
On September 3, D.K. Shivakumar was arrested by ED in a money laundering case. D.K. Shivakumar has been claiming in the Court that all his assets were duly declared in his income tax declarations as well as nomination affidavits and there was no money laundering.
On the other hand, the Enforcement Directorate was arguing that it was a “classic case of money laundering” which “affects the whole economy of the country”. Assets and money owned by Shivakumar and his family were disproportionate to his income as an agriculturist and have been possessed by the misuse of public office. Based on these facts, ED has sought the refusal of bail to DK Shivakumar.
After D.K. Shivakumar’s arrest, he was sent to 14 days of judicial custody on September 17 and further extended till October 25. Senior Advocate Abhishek Manu Shingvi represented D.K. Shivakumar where as Assistance Solicitor General K.M. Nataraj for ED.
Sonia met D.K. Shivakumar just a few hours before Court’s hearing today
Just a few hours before the hearing, Sonia Gandhi met D.K. Shivakumar to show solidarity and to assure him that the whole party is with him, whether he gets bail or not. She discussed with him around 30 minutes in Tihar jail, party sources said.
In September, Sonia Gandhi met P. Chidambaram, Ex-Union Minister, who has been lodged in Tihar jail under INX Media case. Hence, this would be her second visit to Tihar jail to meet these two leaders. Sonia Gandhi discussed with D.K. Shivakumar and instill confidence in him, Party sources said.
Along with an employee Hanumanth of Karnataka Bhavan Delhi, Sunilkumar Sharma and Other associates, D.K.Shivakumar’s case is being booked under the Prevention of Money Laundering Act, by Enforcement Directorate (ED) soon after being seized unidentified money by Income Tax Officials which was kept at his home in Delhi.
D.K. Shivakumar was alleged that this money is being used for hawala and for tax evasion, thereby, he wanted to make his black money to white, which would be a serious offence against National interest.
Ex- Union Minister P. Chidambaram was granted bail on Tuesday, in Supreme Court, in the INX Media case filed by ED. However, he has to remain in the jail itself as he is facing another INX Media case, filed by CBI, in which both P. Chidambaram and his son Karthik Chidambaram are accused.