Delhi HC Grants Bail to Businessman Sameer Mahandru in Delhi Excise Policy Money Laundering Case

Delhi HC Grants Bail to Businessman Sameer Mahandru in Delhi Excise Policy Money Laundering Case

On Monday, the Delhi High Court approved bail for businessman Sameer Mahandru and Chanpreet Singh, another accused, in the money laundering case linked to the now-defunct Delhi excise policy for 2021-22.

Justice Neena Bansal Krishna issued the bail order, with a detailed judgment still pending.

Mahandru, the owner of IndoSpirit, had requested bail from the High Court due to delays, following the rejection of his previous plea by the trial court in February 2024. This was his second attempt for bail.

Prosecutors allege that Mahandru was a major beneficiary of the excise policy, operating an alcoholic beverages manufacturing unit and holding wholesale and retail licenses, some of which were issued under his relatives' names.

Chanpreet Singh is accused of handling cash payments for the Aam Aadmi Party's 2022 Goa election campaign.

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