Bail Granted to I-PAC Leader in West Bengal Coal Scam

Delhi court grants bail to I-PAC co-founder Vinesh Chandel in a money laundering case related to the West Bengal coal scam. The Enforcement Directorate did not oppose the plea, but certain conditions apply. Chandel was previously held in custody for his alleged involvement with crime proceeds.

A Delhi court granted bail to I-PAC co-founder and director Vinesh Chandel on Thursday in relation to a money laundering case connected to a coal scam in West Bengal. This decision was made by Additional Sessions Judge Amit Bansal, who acknowledged that the Enforcement Directorate (ED) did not oppose the bail petition. However, Judge Bansal has imposed several conditions for the bail.

This decision follows the earlier proceedings of April 14, when the court permitted the ED to hold Chandel for ten days to facilitate questioning. The court found sufficient reason to believe Chandel was actively engaged in activities related to generating, diverting, and possessing proceeds from crimes amounting to several crores.

Chandel's arrest took place on April 13, after thorough interrogation by the ED. A more detailed order regarding his bail conditions is anticipated soon.