Sunday, June 28, 2026
37.6 C
New Delhi

I-PAC co-founder and director Vinesh Chandela gets bail in money laundering case

I-PAC co-founder and director Vinesh Chandela gets bail in money laundering case

NEW DELHI: The Patiala House court on Thursday granted bail to I-PAC director and co-founder Vinesh Chandela in a money laundering case, following his arrest by the Enforcement Directorate.The court’s decision came after the ED filed its response to Chandela’s bail plea and did not oppose his release. During the previous hearing, the court had issued a notice to the agency seeking its stand on the application.Senior advocate Vikas Pahwa, appearing for Chandela, said, “We filed a regular bail application a few days ago, and the ED was supposed to file a reply. Yesterday, they filed their reply and raised no objection to the grant of bail, primarily on the grounds that he has cooperated with the investigating agency and has provided voluntary and purposeful cooperation. That is the language used by them. He has also provided the information and other data required during the investigation. The statement of the investigating officer was recorded, and no objection was raised.”Earlier, the court had dismissed Chandela’s interim bail plea, which was filed on the grounds of his mother’s illness, and had listed his regular bail application for further consideration.Chandela was arrested earlier this month after the ED conducted searches at multiple locations in Delhi, Bengaluru, Hyderabad and Mumbai as part of its probe into a money laundering case linked to an alleged coal scam in West Bengal. The investigation pertains to financial dealings involving political consultancy firm I-PAC, which has worked with parties including the Trinamool Congress and DMK.Officials are also examining transactions linked to Vijay Nair, with sources indicating that certain payments made to the consultancy firm are under scrutiny as part of the broader probe.

Go to Source

Hot this week

US Hits Iran’s Military Sites In Fresh Strikes; IRGC Attacks Bases In Kuwait, Bahrain

Show Quick Read Key points generated by AI, verified by newsroom US struck Iran after tanker hit, escalating tensions. President Trump issued stark warning, threatening Iran’s very existence. Read More

Courteney Cox and Johnny McDaid split after 13 years

Johnny McDaid and Courtney Cox have officially called it quits on a mutual decision after being together for around 13 years. Read More

Akshay’s ‘Welcome 3’ CROSSES Rs 57 cr globally on Day 2

‘Welcome to the Jungle’ box office collection Day 2: Akshay Kumar starrer posts massive first Saturday, crosses Rs 57 crore worldwide Ahmed Khan’s ensemble comedy ‘Welcome to the Jungle’, starring Aksha Read More

‘Will be forced to militarily complete the job’: Trump warns Iran after US strikes over 2nd ceasefire breach

Trump confirms US strikes on Iran after ceasefire breach President Donald Trump on Saturday confirmed that US aircraft carried out strikes on Iranian missile and drone storage facilities and coastal radar sites, saying the action was Read More

Topics

US Hits Iran’s Military Sites In Fresh Strikes; IRGC Attacks Bases In Kuwait, Bahrain

Show Quick Read Key points generated by AI, verified by newsroom US struck Iran after tanker hit, escalating tensions. President Trump issued stark warning, threatening Iran’s very existence. Read More

Courteney Cox and Johnny McDaid split after 13 years

Johnny McDaid and Courtney Cox have officially called it quits on a mutual decision after being together for around 13 years. Read More

Akshay’s ‘Welcome 3’ CROSSES Rs 57 cr globally on Day 2

‘Welcome to the Jungle’ box office collection Day 2: Akshay Kumar starrer posts massive first Saturday, crosses Rs 57 crore worldwide Ahmed Khan’s ensemble comedy ‘Welcome to the Jungle’, starring Aksha Read More

‘Will be forced to militarily complete the job’: Trump warns Iran after US strikes over 2nd ceasefire breach

Trump confirms US strikes on Iran after ceasefire breach President Donald Trump on Saturday confirmed that US aircraft carried out strikes on Iranian missile and drone storage facilities and coastal radar sites, saying the action was Read More

Veteran cinematographer Dillip Ray passes away at 72

Veteran cinematographer Dillip Ray passes away at 72; Five-time Odisha State award winner; Worked on 80+ Odia films Veteran cinematographer Dillip Ray, one of the most accomplished names in Odia cinema, has passed away at the age of Read More

‘MIB’ BO day 9: Samantha Ruth Prabhu film jumps 12.6%

‘Maa Inti Bangaaram’ box office collection day 9: Samantha Ruth Prabhu film jumps 12.6%; Worldwide total reaches Rs 71. Read More

Supreme Court takes 14 years on criminal case, 2 convicts die waiting

SC takes 14 yrs on criminal case, 2 convicts die waiting NEW DELHI: Even as Supreme Court has repeatedly invoked the legal maxim that ‘justice delayed is justice denied’ — with CJI Surya Kant recently saying “justice delayed is just Read More

Related Articles