The court directed him not to influence witnesses or hamper the investigation in the case. It also directed him to join the investigation in the case whenever required.
It was the second bail plea moved by Khaitan. On March 12, the court had rejected his first plea for bail.
The agency said Khaitan was "controlling" the modus operandi and was responsible for routing money, misusing his connections and clients, including the ones inherited from his father, to launder money through a variety of accounts in Dubai, Mauritius, Singapore, Tunisia, Switzerland, the UK and India.
The ED officials said that the accounts included those belonging to his undisclosed shell companies outside India.
The ED had filed a money laundering case against Khaitan and others based on a case lodged by the I-T Department under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act.
Khaitan was arrested in September 2014 for his alleged involvement in the AgustaWestland VVIP chopper deal.
He got bail in January 2015 but was again arrested along with Sanjeev Tyagi, another accused in the case, on December 9, 2016, by the Central Bureau of Investigation (CBI). He later secured bail.
The CBI chargesheet had described Khaitan as the brain behind the AgustaWestland deal.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)