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Bank fraud: Delhi court grants bail to Ratul Puri
PTI
Last Updated IST
Ratul Puri (File Photo)
Ratul Puri (File Photo)

A Delhi court Friday granted bail to businessman Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath, in a money laundering case related to a bank loan fraud.

Special Judge Arvind Kumar granted the relief to Puri saying no purpose will be served by keeping him in further custody.

The Enforcement Directorate had last month filed a charge sheet against Puri and his company Moser Baer.

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It had arrested Puri on August 20 and he is currently in judicial custody in the case which emerged from a CBI FIR of August 17. Puri, his father Deepak Puri, mother Nita (Nath's sister) and others were booked in connection with the Rs 354 crore bank fraud case file by the Central Bank of India.

Puri was arrested under the Prevention of Money Laundering Act (PMLA) in the bank fraud case after he appeared before the central probe agency in the VVIP chopper scam.

The court had on December 2 granted bail to Puri in the AgustaWestland money laundering case, while directing him not to "tamper with evidence" or "try to contact or influence the witnesses".

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(Published 13 December 2019, 18:14 IST)