High Court grants bail to Upendra Rai in money laundering case
New Delhi: The Delhi High Court has granted bail to journalist Upendra Rai, arrested in a money laundering case related to alleged extortion and dubious financial transactions, noting that he has already spent more than 13 months in custody and the trial is likely to take some time.
Justice Mukta Gupta granted the relief to Rai on furnishing a personal bond of Rs one lakh with a surety of like amount and directed him not to influence any witness or tamper with the evidence of the prosecution.
The court also said he shall not leave the country without prior permission.
Rai was arrested
on June 8, 2018 by the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA) at the Tihar jail here, moments after he secured bail in a
Central Bureau of Investigation case related to alleged extortion and dubious financial transactions.
The CBI had arrested him on May 3, 2018.