The Delhi High Court on Wednesday granted bail to Congress leader DK Shivakumar, who was lodged in Tihar jail after being sent to judicial custody in a money laundering case.
Shivakumar was granted bail on a personal bond of Rs 25 lakh. Also, the Congress leader has also been asked to make himself available for the investigation whenever necessary.
He was arrested by the Enforcement Directorate (ED) on September 3 and sent to judicial custody till October 25 in the Tihar jail. He had moved the high court after a trial court rejected his bail application by asserting that he was not entitled to avail it at that stage of the investigation.
The court while rejecting his bail plea had said that the investigation is at an initial stage and the agency must get a free and fair chance to reach a logical conclusion.
The alleged money laundering case was registered against him by the ED in September last year, based on a complaint filed by the Income Tax department, alleging tax evasion and hawala transactions amounting to crores.
(With ANI inputs)