All posts tagged: Vinesh Chandel

Delhi court grants bail to I-PAC co-founder Vinesh Chandel in Bengal coal scam-linked money laundering case

Delhi court grants bail to I-PAC co-founder Vinesh Chandel in Bengal coal scam-linked money laundering case

A Delhi court on Thursday granted bail to I-PAC co-founder and director Vinesh Chandel in a money laundering case linked to an alleged coal scam in West Bengal. Additional Sessions Judge Amit Bansal noted that the Enforcement Directorate (ED) has not opposed the bail plea. Earlier on April 14, the court had allowed the ED to quiz Chandel in its custody for 10 days, saying there are reasons to believe that he was actively involved in processes and activities connected with the generation, diversion and possession of proceeds of crime worth several crores. The ED arrested Chandel on April 13 after questioning. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Delhi court grants bail to I-PAC director after ED no objection

Delhi court grants bail to I-PAC director after ED no objection

A Delhi court on Thursday granted bail to political consultancy firm I-PAC director Vinesh Chandel in a money laundering case being investigated by the Enforcement Directorate (ED), after the federal agency did not oppose Chandel’s appeal, noting the cooperation extended by him during the probe. The counsel for the accused, senior advocate Vikas Pahwa, submitted that since ED had not opposed the bail plea. (Representative file photo) In a four-page order passed by additional sessions judge Amit Bansal of Patiala House Courts, the judge said that Chandel was being let out on bail on a personal bond of ₹2 lakhs and one surety of the like amount. During the proceedings, special public prosecutor Simon Benjamin told the court that without any prejudice to the rights and contentions of ED during the trial, the agency was not opposing Chandel’s bail, however, it requested the court to impose appropriate conditions upon the accused while he is released. The investigating officer of the case further told the court that Chandel provided “certain valuable leads and information relevant to …

ED rejects interim bail plea by I-PAC co-founder Vinesh Chandel

ED rejects interim bail plea by I-PAC co-founder Vinesh Chandel

A Delhi court on Tuesday denied interim bail to Vinesh Chandel, director and co-founder of Indian Political Action Committee (I-PAC), in connection with a money laundering case being investigated by the Enforcement Directorate. I-PAC co-founder Vinesh Chandel were produced before the judge on April 14 after ED arrested him in West Bengal Coal case. (ANI Video Grab) Chandel had sought interim bail citing the deteriorating health of his 74-year-old mother, who is reportedly suffering from dementia. Additional sessions judge Shefali Barnala Tandon of Patiala House Court rejected the plea, ruling that the request did not meet the threshold of “exceptional humanitarian grounds” necessary for granting interim bail. The court underlined that it was not insensitive to the medical vulnerability of elderly parents, but the material on record did not indicate any sudden or life-threatening emergency requiring the accused’s immediate presence. The court further observed that no evidence was presented to show that the mother’s medical needs could not be managed through hospitalisation, professional care, or assistance from other family members. According to the Enforcement Directorate, …

Why ED arrested I-PAC co-founder Vinesh Chandel days before West Bengal assembly polls| India News

Why ED arrested I-PAC co-founder Vinesh Chandel days before West Bengal assembly polls| India News

Just ten days before the highly-anticipated assembly elections in West Bengal, the Enforcement Directorate (ED) arrested Vinesh Chandel on Monday. Chandel is the co-founder and director of the political consultancy firm I-PAC, whose clients include the ruling Trinamool Congress. I-PAC director Vinesh Chandel. ((LinkedIn)) Chandel was arrested by ED on Monday night on money laundering charges linked to an alleged coal scam in the state. This arrest comes weeks after the central agency raided his Delhi property in relation to the charges. However, this is not the first time I-PAC found itself under the scanner of the ED. In January, Pratik Jain, who is one of the directors of the political consultancy, was raided by ED officials in Kolkata. This raid sparked a major controversy and a case in the Supreme Court after chief minister Mamata Banerjee stormed in with government officials. The TMC supremo has also been accused by the central agency of taking crucial evidence from the scene as she interrupted the raid. After the January raid at Jain’s house, I-PAC said in …