Alamgir Alam Vs Directorate of Enforcement (Jharkhand High Court)
Jharkhand High Court held that bail application stands dismissed since the material collected shows that the petitioner is prima facie guilty of an offence under Prevention of Money Laundering matter. Accordingly, bail application rejected.
Facts- The instant application has been filed u/s. 45 of the PML Act, 2002 read with Sections 439 and 440 of the Code of Criminal Procedure, 1973 and an application under Sections 483 and 484 of the Bhartiya Nagrik Suraksha Sanhita, 2023 praying for grant of bail in connection with ECIR for the offence under Section 3 of the Prevention of Money Laundering Act, 2002 punishable under Section 4 of the Prevention of Money Laundering Act, 2002, based on FIR registered by Anti-Corruption Bureau, Jamshedpur under Section 7(a) of the Prevention of Corruption Act (amended as on 2018) pending in the court of learned A.J.C. XVIII-cum-Special Judge.
Conclusion- This Court is of the opinion that the petitioner has miserably failed to satisfy this Court that there are reasonable grounds for believing that he is not guilty of the alleged offences. On the contrary, there is sufficient material collected by the respondent-ED to show that he is prima facie guilty of the alleged offences.
