A three-judge bench of the Allahabad High Court on Thursday reserved its judgment on a petition alleging that former Samajwadi Party leader and Rajya Sabha MP Amar Singh was involved in money laundering through various companies.
The petition,filed by Shivkant Tripathi,had also alleged that he had amassed fortunes to the tune of Rs 400 crore as chairman of the Uttar Pradesh Development Council (UPDC) in 2003.
In its order,the three-judge bench – comprising Justices Sushil Harkauli,Laxmi Kanta Mohapatra and Naheed Ara Moonis – reserved the judgment saying the arguments of all parties have concluded.
Petitioner Tripathi had demanded a high-level probe,by an agency like the Enforcement Directorate (ED),against Singh.
In 2009,Tripathi had also got an FIR registered against Singh in Kanpur on the same allegations. He had approached the court in 2010 after the investigations progressed slowly. On May 20,2011,the high court had directed a probe by the ED on the basis of the allegations.