Bhopal, Feb 21 (IANS) A special court here on Thursday rejected the bail application of former RTO constable Saurabh Sharma who has been arrested by Madhya Pradesh Police under the Prevention of Money Laundering Act (PMLA).
Sharma had moved a bail application before the court on Wednesday.
In continuation of hearing on bail application on Thursday, Sharma’s advocate Rakesh Parasar argued that the investigating agencies have not recovered anything from his (Sharma’s) possession and he has nothing to do with it 52 kg gold recovered from an abandoned car in Bhopal.
Parasar further tried to convince the court stating that Sharma has no criminal background and he will co-operate with the agencies for investigation in the matter.
However, the prosecution objected contending that investigation by multiple agencies in the case is still underway. After hearing arguments from both sides, justice Rampratap Mishra rejected Sharma’s bail application.
Saurabh Sharma along with his two associates Chetan Gaur and Sharad Jaiswal, who were arrested by Madhya Pradesh Lokayukta police on January 28 and 29, are in judicial custody.
During the investigation, Sharma and his aides revealed the names of several government officials, politicians, and other influential people, alleging them to be part of the big game.
The ED sleuths are verifying the involvement of the people named and checking the call records.
Several raids by the Lokayukta and Income Tax department unearthed unaccounted assets related to Saurabh Sharma.
On December 20, the officials seized a car near a jungle in Bhopal and recovered Rs 11 crore in cash and gold bars worth 52 kg. He has been absconding since then.
A lookout notice was issued against him. Meanwhile, the investigative agencies conducted back-to-back raids at the premises of his business partners and relatives.
After much pressure, Sharma and Gaur finally surrendered themselves at Lokayukta Court in Bhopal on January 28, while Sharad Jaiswal has surrendered on next day.
–IANS
pd/pgh
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
