The Bombay High Court on Friday rejected the petition filed by Shiv Sena leader and former Member of Parliament Anandrao Adsul seeking anticipatory bail in a money laundering case which is being investigated by the Enforcement Directorate (ED)..Adsul had approached the High Court after a Mumbai Sessions Court refused to grant interim relief in the anticipatory bail application filed by him.He was seeking anticipatory bail in the proceedings initiated by ED in connection with the alleged ₹980 crore fraud at the City Co-operative Bank..Interestingly, it was based on Adsul’s complaint that the Economic Offences Wing of Mumbai Police had registered a case for offences of criminal breach of trust, cheating and criminal conspiracy under Indian Penal Code for alleged irregularities in the loan disbursement by City Co-operative Bank..Later, ED issued three summons to Adsul to appear in person or through representative in connection with the case but Adsul did not respond to the same..Adsul had stated that due to an angioplasty, he could not respond to the summons issued.He also stated that ED had not given any documents to him to specify why he was summoned.He argued that he had been co-operating with the investigation.He submitted that he had apprehensions that he would be arrested if he appears before the Central agency..ED opposed the plea and also submitted investigation papers to the Court in a sealed envelope for the Court’s perusal..After hearing the parties briefly, Justice Nitin Sambre observed that based on the investigation conducted so far, Adsul’s custodial interrogation was necessary and rejected his plea..Senior Advocate Ashok Mundargi with Advocate Subodh Desai appeared for Adsul. Additional Solicitor General Anil Singh along with Advocate Shreeram Shirsat appeared for ED.
The Bombay High Court on Friday rejected the petition filed by Shiv Sena leader and former Member of Parliament Anandrao Adsul seeking anticipatory bail in a money laundering case which is being investigated by the Enforcement Directorate (ED)..Adsul had approached the High Court after a Mumbai Sessions Court refused to grant interim relief in the anticipatory bail application filed by him.He was seeking anticipatory bail in the proceedings initiated by ED in connection with the alleged ₹980 crore fraud at the City Co-operative Bank..Interestingly, it was based on Adsul’s complaint that the Economic Offences Wing of Mumbai Police had registered a case for offences of criminal breach of trust, cheating and criminal conspiracy under Indian Penal Code for alleged irregularities in the loan disbursement by City Co-operative Bank..Later, ED issued three summons to Adsul to appear in person or through representative in connection with the case but Adsul did not respond to the same..Adsul had stated that due to an angioplasty, he could not respond to the summons issued.He also stated that ED had not given any documents to him to specify why he was summoned.He argued that he had been co-operating with the investigation.He submitted that he had apprehensions that he would be arrested if he appears before the Central agency..ED opposed the plea and also submitted investigation papers to the Court in a sealed envelope for the Court’s perusal..After hearing the parties briefly, Justice Nitin Sambre observed that based on the investigation conducted so far, Adsul’s custodial interrogation was necessary and rejected his plea..Senior Advocate Ashok Mundargi with Advocate Subodh Desai appeared for Adsul. Additional Solicitor General Anil Singh along with Advocate Shreeram Shirsat appeared for ED.