Misa Bharti and husband get bail in money laundering case
Misa Bharti and her husband Shailesh Kumar, the daughter and son-in-law of RJD chief Lalu Prasad, have been granted bail in a money laundering case. They had to furnish personal bonds of Rs. 2L. Bharti, Kumar and a brother duo laundered Rs. 1.2cr through shell firms, ED has alleged. The Jain brothers are currently out on bail. Here's all about the case.
Bharti and Kumar were previously directors of M/s Mishail Packers and Printers Private Limited, which entered into benami deals to purchase a Delhi farmhouse. The farmhouse was bought in its name in 2008-09 "using Rs 1.2cr involved in money-laundering." The farmhouse, among many others, was raided by ED in July'17 while it investigated Surendra and Virendra Jain, accused of laundering crores through shell companies.
Further probe revealed more wrongdoings: Rajesh Agrawal, a CA, had allegedly provided Rs. 90L in cash to the Jain brothers "to invest in M/s Mishail Packers and Printers Pvt Ltd as share premium." The company was earlier registered at 25, Tughlak Road, Delhi, till its shares were bought by Bharti. After the farmhouse's purchase, the address was changed to 26, Palam Farms.
The ED had filed its final report against Bharti and Kumar on December 23 and provisionally attached the farmhouse under the Prevention of Money Laundering Act (PMLA). On February 8, a court issued summons to the couple. ED opposed their bail plea, but the court granted it, restricting them from traveling outside the country without prior permission.
