Money Laundering Case- HC dismisses Bail Plea of Ambience Group Promoter Raj Singh Gehlot

Raj Singh Gehlot Vs Directorate of Enforcement (Delhi High Court)

As per the prosecution complaint, in total, Term loan of Rs.810 crores was availed by AHPL and sanctioned by the consortium of banks. The funds were disbursed through an Escrow Account maintained with J&K Bank, Ansal Plaza Branch.

The FIR was registered against the applicant, AHPL and others on the allegation that the Term loan taken from J&K Bank was misappropriated and the funds were siphoned off. Subsequently, the

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