Delhi High Court grants bail to three PFI leaders, ruling insufficient evidence for money laundering.

The Delhi High Court has granted bail to three Popular Front of India (PFI) leaders accused in a money laundering case. The Enforcement Directorate (ED) alleged over Rs 60 crores were deposited in the PFI's bank accounts since 2009, with Rs 32.03 crores in cash. However, the court ruled there was insufficient evidence to support money laundering charges, stating that collecting funds does not equate to proceeds of crime under the Prevention of Money Laundering Act (PMLA).

December 04, 2024
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