The Delhi High Court Monday said it will hear in April the Enforcement Directorate's plea challenging the bail granted to businessman Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath, in a money laundering case related to bank loan fraud. Justice Rajnish Bhatnagar listed the matter for hearing On April 27. When the plea came up for hearing, a junior counsel for ED sought a passover saying the Additional Solicitor General will be available for arguments post lunch. However, senior advocate Rajiv Nayar and lawyer Vijay Aggarwal, representing Puri, said they will not be available post lunch after which the court listed the matter in April. The Enforcement Directorate (ED) has challenged a trial court's December 13 last year order by which Puri was enlarged on bail on a personal bond of Rs 5 lakh with two sureties of like amount. He was earlier granted bail in the AgustaWestland chopper deal case. While granting bail in the bank fraud case, the trial court had directed him ..
Enforcement Directorate (ED) on Friday moved Delhi High Court challenging bail granted to businessman Ratul Puri by a trial court in Moser Baer bank loan matter.ED in its plea stated that Ratul Puri has influenced witnesses and bail should not have been granted at least till the examination of prosecution witnesses is complete.ED further stated that trial court Judge who granted bail has erred in holding that the apprehension that the accused Ratul Puri would tamper with evidence appears to be far-fetched.The entire record of the accused's company in custody of the official liquidator as the evidence of money laundering clearly do not form part of the record of the accused company as the siphoning has been done throughout of books sales, accommodation entries etc.On December 13, a trial court had granted bail to Ratul Puri on Rs 5 lakh bail bond and two sureties of like amount. He was arrested by ED in the case on August 19 and since then he was in judicial custody and agency custody .