Money Laundering Case: ED Apprehends Suspended Special Court Judge Sudhir Parmar

The ED has recently apprehended Sudhir Parmar, a suspended special court judge from Panchkula, in connection with allegations of bribery and partiality toward the accused in the money laundering case involving real estate entity IREO and its promoter Lalit Goyal.

Previously, last month Lalit Goyal was apprehended by the ED as part of its ongoing money laundering inquiry. This move came after the agency secured custody of Sudhir Parmar’s nephew, Ajay Parmar.

Notably, other individuals implicated in this case comprise the proprietors of the M3M real estate enterprise, namely Basant Bansal and his offspring Pankaj Bansal.

Sudhir Parmar, the aforementioned judge, faced suspension by the Punjab and Haryana High Court in the final week of April.

This disciplinary action transpired following the submission of compelling evidence by investigative agencies, suggesting his purported preferential treatment towards the accused parties within the money laundering investigation associated with IREO.

Previously, ED detained Roop Bansal, one of the M3M promoters, within the context of its money laundering case concerning IREO. Shortly thereafter, Basant Bansal and Pankaj Bansal petitioned the Delhi High Court, securing a safeguard from arrest until July 5th.

However, on the 14th of June, the agency took both individuals into custody after brief interrogation in a separate case rooted in an FIR registered by the Haryana Anti-Corruption Bureau, pertaining to the former CBI court judge, Sudhir Parmar.

After the arrest of Basant Bansal, the ED claimed that its investigation revealed, “Sudhir Parmar (posted as special judge for CBI and ED cases at Panchkula at the material time) was showing favoritism to the accused persons, namely Roop Kumar Bansal, his brother Basant Bansal, the owners of M3M, and Lalit Goyal, the owner of IREO Group, in lieu of undue advantage extended by Sudhir Parmar in the criminal cases of ED under PMLA and other cases of CBI pending against the above-accused persons in his court.”