Businessman gets bail in Agusta Westland case being probed by ED
A Delhi court granted bail to Anoop Kumar Gupta, saying the ED’s contention that he may abscond ‘does not appear to have much substance’.
There are 53 accused in the case and more than 200 witnesses. (Representational Image) A Delhi court Monday granted bail to businessman Anoop Kumar Gupta in the Agusta Westland money laundering case, being probed by the Enforcement Directorate (ED).
Special Judge Arvind Kumar granted bail to Gupta, observing that “the contention of Enforcement Directorate that accused may abscond does not appear to have much substance.”
According to the ED, Gupta “through his companies has committed the offence of money laundering in respect of proceeds of crime to the tune of USD 24,624,298.”
The court was told that M/s IDS Tunisia has received proceeds of crime to the tune of Euro 24.37 Million from M/s Agusta Westland and this was further transferred to M/s Interstellar Technologies Limited, Mauritius. “Part of the proceeds of crime received in RAKGT was transferred to M/s KRBL Limited.” Gupta was the joint Managing Director of M/s KRBL Limited.
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