April 10, 2017 11:34 AM

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Delhi HC denies bail to LIC agent in money laundering case involving HP CM Virbhadra Singh

The Delhi High Court today denied bail to LIC agent Anand Chauhan in a money laundering case involving Himachal Pradesh Chief Minister Virbhadra Singh and others. Anand Chauhan is in judicial custody since his arrest in July last year.<br/><br/>During the hearing on his bail plea earlier, the Enforcement Directorate, ED had claimed that there was ample evidence against him and there was serious apprehension that he could tamper with evidence if released on bail.<br/><br/>The accused had approached the high court challenging the trial court's order of August 20 last year dismissing his bail plea.The ED had alleged that Virbhadra Singh had invested huge amount in purchasing LIC policies in his own name and his family members through Chauhan.<br/><br/>Chauhan was arrested from Chandigarh on July 9, 2016 under the provisions of Prevention of Money Laundering Act after the ED alleged that he was not cooperating with the probe.

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