The Delhi High Court has dismissed the Enforcement Directorate's (ED) pleas seeking cancellation of bail to a businessman and a co-accused in the over Rs 8,000-crore money laundering case involving Gujarat-based Sterling Biotech Ltd.
ED had challenged two separate orders of the trial court granting bail to Delhi-based businessman Gagan Dhawan and another accused Ranjit Malik alias Johny -- who was earlier arrested by the agency for allegedly sending through a man named Rakesh Chandra Rs 25 lakh to a prominent senior Congress leader's residence in the national capital.
Justice Sunil Gaur said the accused persons deserve bail on merits and the orders granting them relief are not liable to be interfered with, as the impugned orders do not suffer from any infirmity or illegality.