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Sanjay Raut and co-accused Pravin Raut were granted bail by a special court for money laundering cases on November 9, 2022, more than a hundred days after they were arrested.
The ED moved the HC against the bail the same day and sought an interim stay, but the HC then refused to pass any interim order.
On Saturday, Justice N R Borkar held a special sitting to hear the ED’s plea.
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Additional Solicitor General Anil Singh, appearing for the ED, argued that the special court took into consideration irrelevant material while grating bail.
“The judge has exceeded jurisdiction and rendered a finding against the predicate offence. There are certain observations which were not required and no one had even argued that. Those are uncalled for and not required,” he said.
The ASG further said the Prevention of Money Laundering Act (PMLA) was enacted to take stern action against money laundering.
”It (money laundering) is more serious than murder charge and calls for stern action against persons committing this act,” Singh said.
When Singh was reading out charges against Sarang and Rakesh Wadhawan, the court asked if the ED had arrested the duo in the present case.
Singh said it had not, as they were already in judicial custody in another case, but the ED recorded their statements.
“They are the main accused… there are allegations of money laundering against them… If they are released on bail in scheduled offence, then what happens? Common allegations are there,” the court said. The bench also asked Singh to show previous High Court or Supreme Court judgments where bail was cancelled on the ground that the lower court order was perverse.
The hearing would continue on March 2.