New Delhi, May 15 (UNI) Justice Chander Shekhar of Delhi High Court on Wednesday heard a plea on behalf of Directorate of Enforcement for cancellation of bail application of AgustaWestland chopper scam accused Gautam Khaitan in black money laundering case.
Delhi High Court issued notice to Mr Khaitan and sought his stand on the plea of ED seeking setting aside of the order of trial court granting him bail.
July 18 was set for the next hearing.
Directorate of Enforcement submitted before the court that Mr Khaitan was still maintaining and hiding his black money in overseas jurisdiction. Investigating Agency further revealed that black money has been laundered by him through several shell companies incorporated overseas.
ED has requested dismissal of the bail application granted by trial court on April 16 on the ground that in view of his position in society and the gravity of the offence, there is an apprehension of witnesses being tampered with or intimidated by his influence. Investigation, ED contended, was at a very crucial stage as the role of his alleged accomplices and aides was being examined in the case registered under Money Laundering Act.
ED has submitted that the case was filed on the basis of a case lodged by the Income Tax department against him under the provisions of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015.
UNI XC RP1957