HC grants bail to suspended IAS officer Sharma

Image
Press Trust of India Ahmedabad
Last Updated : Mar 09 2018 | 12:55 AM IST
The Gujarat High Court today granted bail to suspended IAS officer Pradeep Sharma in a money laundering case being investigated by the Enforcement Directorate (ED).
Justice A J Desai granted bail to Sharma after taking into account a recent Supreme Court judgement that struck down the section 45 (1) of the Prevention of Money Laundering Act (PMLA) as "unconstitutional".
The section imposed certain conditions for release of an accused on bail like requiring the trial court to hear the government pleader and consider evidences against him while deciding his bail plea.
The same court had earlier stayed further proceedings against Sharma in the special PMLA court and prevented it from framing charges against him.
Sharma had filed a revision appeal in the HC after the special PMLA court rejected his discharge application.
Sharma, arrested under the PMLA and lodged at the Sabarmati Central Jail here for around a year-and-a-half, was released today.
The ED had registered an offence against Sharma on the basis of cases lodged by Gujarat CID (Crime) and the ACB for allegedly sanctioning government land at cheaper rate in 2004 to a private corporate group and its companies in Kutch district as part of a suspected quid pro quo.
He was then the Kutch collector and chairman of the District Land Evaluation and Pricing Committee. This had allegedly caused a loss of Rs 1.2 crore to the exchequer.
Against this favour, the bureaucrat had allegedly received gains to the tune of Rs 22 lakh in the name of his wife, the ED had alleged.
He allegedly transferred the money using hawala (illegal remittance system) route to his wife with the help of five persons who have also named in the ED charge sheet.
Sharma had earlier claimed he was being victimised by the BJP government in Gujarat for his knowledge of the illegal surveillance of a woman by government agencies.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

First Published: Mar 09 2018 | 12:55 AM IST

Next Story