Money Laundering: SC Refuses to Intervene in HC Order, Grants Bail to Preeti Chandra

The Supreme Court, on Friday has refused to intervene in the Delhi High Court’s decision to grant bail to Preeti Chandra, wife Unitech promoter Sanjay Chandra, in a money laundering case.

A bench headed by Chief Justice D Y Chandrachud noted that Preeti Chandra has been held in custody for a duration for over 620 days.

The bench also comprising Justice JB Pardiwala and Justice Manoj Misra, stated, “Having due regard to the exercise of discretion, the high court has come to the conclusion that the respondent (Preeti Chandra) should be released on bail, we are not interfering with the order under Article 136 of the Constitution”

The top court directed that she shall not leave the limits of the NCR and shall report to the investigation officer once in every 2 weeks.

The apex court issued this directive in response to a petition filed by the Enforcement Directorate challenging the high court’s ruling on June 14.

Previously, the apex court halted the high court’s ruling on June 16 and issued a notice to Preeti Chandra in response to the ED’s appeal contesting the bail.