The Bombay High Court on Monday granted bail to gutka baron J M Joshi pending hearing of his appeal against a 10 year sentence imposed on him for criminal conspiracy and assisting in setting up gutka manufacturing units for fugitive gangster Dawood Ibrahim and his brother Anees in 2002. A single bench of Justice Bharati Dangre suspended the sentence and granted Joshi, owner of Goa Gutka, bail on a personal bond of Rs 1 lakh.
As per the prosecution case, Mr Joshi and another gutka businessman Rasiklal Dhariwal had a financial dispute and Mr Dawood helped settle it. They then helped him set up gutka units in Pakistan in exchange for his mediation. Dhariwal died pending trial.
Sachin was granted bail by Mumbai’s special PMLA court in a money laundering case linked to the city-based firm Omkar Realtors and Developers. However, the special court has also imposed a set of conditions on him. The recent development comes after the Enforcement Directorate (ED) had arrested Sachin Joshi, on February 14, 2021. | Tellychakkar.com
Breaking: Actor and businessman Sachiin Joshi arrested by ED in money laundering case
Sachiin Joshi have been arrested by the Enforcement Directorate (ED) in connection with a money-laundering case. Sachiin Joshi , File Photo
Updated: Feb 15, 2021, 04:49 PM IST
The Enforcement Directorate (ED) has arrested actor and entrepreneur Sachiin Joshi, son of Gutkha baron Jagdish Joshi after questioning him for several hours in connection with a money-laundering probe.
The arrest was made on Sunday night. ED officials related to the probe told IANS that Joshi was arrested after seven hours of questioning.
He said that he will be produced in a local court here. The official said he was arrested in connection with a money-laundering probe involving Omkar Group.