The Rouse Avenue Court on Wednesday listed a bail plea moved by Nitin Bhatnagar for Thursday, a Maltese citizen arrested in connection with his alleged involvement in the offence of Money Laundering in a case of M/s Moser Baer India Ltd. and others.
Bhatnagar was arrested by the Enforcement Directorate, under the provisions of the Prevention of Money Laundering Act, 2002 on August 22, 2023.
Special Judge Raghubir Singh sought response from the ED and listed the matter for Thursday, September 14 for arguments.
Furthermore, the court also extended the judicial custody of Bhatnagar till September 26.
Bhatnagar was produced before the court after the end of his judicial remand period. Senior Advocate Pramod Kumar Dubey appeared for Nitin Bhatnagar. According to ED, the investigation was initiated against M/s Moser Baer India Ltd. and others under th Displaying 3.-INDIA-AEROFLEX.jpg.
