The Supreme Court in the case observed wherein an appeal is moved challenging the order passed by Delhi High Court, the court granted 15 days of interim bail to Yuvajana Sramika Rythu Congress Party, YSRCP MP Magunta Srinivasulu’s son Magunta Raghava Reddy.
The vacation bench comprising of Justice Aniruddha Bose and Justice Rajesh Bindal was hearing the present matter.
In the present case, the Enforcement Directorate arrested Reddy in February 2023 in connection with the Delhi Liquor Policy Scam, wherein seeking an urgent listing of an appeal.
However, the ASG Raju in the case submitted that this being the matter where regular bail has been rejected by the trial court. Thus, the court rejected the another bail application seeking in connection of wife’s health and then the High Court withdrawn the same. The court in the case observed and has granted bail because mother-in-law slipped in the bathroom and is under observation in the hospital and there is nothing serious. Further, the High Court has given 15 days of interim bail in the Prevention of Money Laundering Act, PMLA in the matter for the grandson! In ICU no one is allowed to meet.
The bench headed by Justice Aniruddha Bose in the case observed and has remarked upon the submission made by the ASG that this court cannot stay an order without hearing the other side.
It has also been suggested by Raju in the case that the matter could be next heard on June 09, 2023.
Adding to it, the court agreed to the same and the appeal will be next heard on June 09, 2023.
However, the Delhi High Court in the case observed and has dismissed the interim bail plea on 08.05.2023. Further, the court in the case stated that he was being prosecuted for money laundering which was a serious economic offence and thus bail could not be granted. Thus, the said court is of the view that there is a genuine case made out by the investigating agency showing active involvement of the applicant in the commission of the alleged offence of money laundering and this court is not able to arrive at any finding contrary to the said view.
Accordingly, the court listed the matter to be next heard on June 09, 2023.