LIC agent Anand Chauhan, an accused chargesheeted in a money laundering case allegedly involving Himachal Pradesh Chief Minister Virbhadra Singh, was today granted interim bail by a special court from November 25 to December 5.
The court granted relief to Chauhan for attending the wedding of his niece.
Advocate Tarannum Cheema, who moved the plea on behalf of Chauhan, had sought the relief for her client for 15 days.
Chauhan was arrested from Chandigarh on July 9 last year under the provisions of Prevention of Money Laundering Act (PMLA) as he was allegedly not cooperating with the investigating officer.
Advocate N K Matta, appearing for the Enforcement Directorate, had alleged before the court that during Chauhan's interrogation, it was found that as an LIC agent he had entered into a modus operandi to launder disproportionate assets by investing in LIC policies.
The agency had alleged that Singh "while serving as a Union minister, invested huge amounts in purchasing LIC policies in his own name and that of his family members through Chauhan".
"Virbhadra Singh, while functioning as a Union minister during the period from May 28, 2009, to June 26, 2012, acquired assets, disproportionate to his known sources of income to the tune of Rs 6,03,70,782 and further tried to justify the same in the form of agricultural income," the ED had alleged.
Chauhan is also chargesheeted, along with 82-year old Singh, his wife and others, in a separate case filed by the CBI in the matter.
Singh and all the other accused have denied all allegations made against them by the CBI and ED.
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