Delhi Court Grants Bail in Massive Money Laundering Case

A Delhi court granted bail to Jatin Chopra, arrested in a Rs 329 crore money laundering case involving forged import bills. The court acknowledged pending investigations and stated prolonged detention would violate legal rights. The case included international fund transfers through shell entities, impacting India's financial security.

A Delhi court on Tuesday granted bail to Jatin Chopra, a key figure in a staggering Rs 329 crore money laundering case. The investigation involves the alleged illegal transfer of funds outside India using forged import bills.

Additional Sessions Judge Aparna Swami determined that ongoing investigations preclude the commencement of Chopra's trial. To detain Chopra beyond the legally mandated 90-day period, pending further investigation, would infringe on his legal rights, said the judge in her order, dated February 20.

Despite multiple summonses, Chopra was arrested on September 15, 2024, by the Enforcement Directorate, which accused him of failing to cooperate with the investigation. The case has roots in an FIR by the Delhi Police's Special Cell. Chopra and others reportedly used shell companies and fake documents to transfer the illicit proceeds abroad, impacting India's financial stability.