New Delhi: A Special Central Bureau of Investigation (CBI) court on Saturday reserved its order on the bail plea of Karnataka Congress leader D. K. Shivakumar, arrested in a money laundering case under the PMLA Act. Special judge Ajay Kumar Kuhar will pronounce the order on 25 September. The court had remanded the senior Congress leader to judicial custody till 1 October in the case.
Additional Solicitor General KM Natraj appearing for the probe agency, Enforcement Directorate (ED), opposed the bail plea and argued many documents and material during both income tax (I-T) and Prevention of Money laundering Act (PMLA) investigation had been recovered.
"We need to take the investigation to a logical end." he submitted. He said that Shivakumar cannot turn his tainted property into untainted one just by paying tax on it. The probe agency said that Shivakumar, being an influential and powerful person, could hamper the investigation.
On the other hand, Senior Advocates Abhishek Manu Singhvi and Mukul Rohatgi appearing for the Congress leader strongly denied the accusations against the Karnataka MLA. They said that he was innocent and that the ED was desperate to keep him in jail.
The Congress leader was arrested by the Enforcement Directorate (ED) on 3rd September after four days of interrogation in relation to the case. Shivakumar played the most crucial role in forging the alliance between the Congress and the Janata Dal Secular (United) in the state before defections brought down the government in July.
Multiple agencies have been probing Shivakumar’s assets for almost two years now. In August 2017, the I-T department raided several premises owned by the Congress leader, his family, and associates and claimed to have unearthed crores of rupees in unaccounted for income.