Vivo Money Laundering Case: Three Accused Granted Bail

The Special Court in New Delhi granted bail to three accused in a case wherein it is alleged by the Enforcement Directorate that a staggering amount of Rs. 62,476 crore was “illegally” transferred by Vivo to China in order to avoid tax payment in India.

Additional Sessions Judge Kiran Gupta granted relief to Bhupinder Kaur, Gagandeep Singh, and Weigang Wang in an order passed on May 1. The accused showed up in court after being summoned by the judge due to a charge sheet filed by the Enforcement Directorate.

Senior Advocate PK Dubey, appearing on behalf of Wong, argued before the court that the accused persons were not arrested during the investigation. He further informed the court that the investigation had concluded and that detaining the accused further would be futile.

The court noted that the accused displayed no resistance during the court proceedings and emphasized that there were no allegations suggesting non-cooperation or avoidance of participation in the investigation by the accused. But the ED rejected the bail applications, arguing that the accused posed a flight risk and that the allegations against them were of a serious nature.

Later, the court concluded the hearing and held that, “Keeping in view the overall facts and circumstances of the case coupled with the submissions made and the fact that the accused persons were not arrested during the course of investigation and there are no allegations that they did not cooperate during investigation, all three bail applications are allowed.”

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About the Author: Hemansh Tandon