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Delhi court grants bail to C C Thampi in PMLA case related to Robert Vadra

Thampi was arrested by the ED on January 18. He is stated to be "controlling" Dubai-based company Sky Lite

Thampi

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Press Trust of India New Delhi
A Delhi court granted bail to NRI businessman C C Thampi on Wednesday in a money laundering probe related to Robert Vadra for acquisition of allegedly illegal assets abroad.
Special judge Arvind Kumar granted relief to Thampi on submitting a personal bond of Rs 5 lakh with two sureties of like amount.
The case relates to allegations of money laundering in the purchase of a London-based property -- located at 12, Bryanston Square -- worth 1.9 million pounds, which is allegedly owned by Vadra.
Thampi was arrested by the ED on January 18. He is stated to be "controlling" Dubai-based company Sky Lite.
In 2009, another co-accused Sanjay Bhandari's firm, Santech FZE, purchased a London asset from a private company which was acquired by Sky Lite.

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First Published: Jan 29 2020 | 4:10 PM IST

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