While hearing his anticipatory bail plea yesterday, the Supreme Court had granted Sharma an interim relief and directed him to be present for questioning at the ED office.
Gujarat High Court had turned down his anticipatory bail plea in April.
Sharma, along with his two lawyers, reached the ED office at 10 am and was questioned for almost eight hours, ED sources said.
Coming out of the office at around 6 in the evening, Sharma told reporters that he will cooperate with the agency.
The ED registered a case against Sharma under the Prevention of Money Laundering Act in 2012.
It is alleged that Sharma sold government land at a cheaper rate to the Kutch-based Welspun Group when he was the collector of the district during 2003-04, which caused a loss of Rs 1.2 crore to the state exchequer.
The company, in return, made Sharma's wife Shyamal, who lives abroad, a 30 per cent partner in one of its subsidiaries 'Value Packaging' and extended benefits of Rs 29.5 lakh to her, states the complaint.
Gujarat anti-corruption bureau had arrested Sharma in this matter last year. He later got bail.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
