Recently, Delhi High Court granted Bail to Chandra Prakash Khandelwal, an accused in the money laundering case connected to the PACL Scam.

On 21st February 2023 Justice Yogesh Khanna, in his order said that money transactions alleged to be the money laundering offence are not being identified by the Central Bureau of Investigation during its probe into the predicate offence. The Court also observed that all the main accused of the said offence have either been granted bail or have not been arrested.

“Further considering the order dated 03.09.2020 wherein all remaining co-accused in this ECIR were admitted to bail, this Court has every reason to say the petitioner has passed the test of broad probabilities. Admittedly twin conditions of Section 45 (supra) does not put an absolute restraint on grant of bail or require a positive finding qua guilt,” the Court said.

The Enforcement Directorate also submitted that was involved in dealing with proceeds of a crime connected with PACL, in transferring of funds from PACL through various companies and in purchasing properties out of the said funds.

After analysing the whole case, the bench of Justice Yogesh Khanna has granted bail to Chandra Prakash Khandelwal on his executing a personal bond of ₹25 lakhs.