Relief for D K Shivakumar as Delhi HC grants bail in money-laundering case

The court directed that he be released on bail on furnishing a bond of Rs 25 lakh and two sureties of like amount

Bengaluru: Congress leader D K Shivakumar arrives to attend a breakfast meeting of Congress party ministers and MLA's at the deputy CM Parameshwara's residence in Bengaluru, Monday, July 8, 2019. (PTI Photo/Shailendra Bhojak
Bengaluru: Congress leader D K Shivakumar arrives to attend a breakfast meeting of Congress party ministers and MLA's at the deputy CM Parameshwara's residence in Bengaluru, Monday, July 8, 2019. (PTI Photo/Shailendra Bhojak
Press Trust of India New Delhi
1 min read Last Updated : Oct 23 2019 | 3:32 PM IST

The Delhi High Court Wednesday granted bail to Karnataka Congress leader D K Shivakumar in a money laundering case filed the Enforcement Directorate.

Justice Suresh Kait granted relief to the Congress leader saying that Shivakumar is not a flight risk.

The judge also said that Shivakumar cannot tamper with evidence as documents are with investigating agencies and there is no material to show he has influenced witnesses.

The court directed that he be released on bail on furnishing a bond of Rs 25 lakh and two sureties of like amount.

Shivakumar, 57, was arrested by the ED on September 3 in the money laundering case. He is lodged in Tihar jail under judicial custody and had challenged the trial court's order denying him bail in the case.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :D K ShivakumarCongressDelhi High Courtmoney laundering case

First Published: Oct 23 2019 | 2:50 PM IST

Next Story