The Supreme Court granted bail to the directors of realty group M3M, Basant and Pankaj Bansal, in a money laundering case registered against them by the ED, which is tied to bribery allegations against a former judge.
The court said the ED arrested Pankaj Bansal and Basant Bansal without informing them about the reasons for their arrest. The ED probe against them will continue
The money laundering case in which Basant Bansal and Pankaj Bansal have been arrested pertains to an FIR filed by the anti-corruption bureau of the Haryana Police in April against Sudhir Parmar, a former special judge for ED and Central Bureau of Investigation (CBI) cases who was posted in Panchkula, his nephew and a third M3M group director Roop Kumar Bansal.
Money laundering case | Supreme Court grants bail to two directors of realty firm M3M thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
The Supreme Court on Tuesday directed immediate release of the directors of Gurugram-based realty company M3M Group, Pankaj Bansal and Basant Bansal, who were behind the bars in connection with a money laundering case pertaining to the alleged .