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2022 (6) TMI 587 - ORISSA HIGH COURTSeeking grant of Bail - Money Laundering - collection of huge amount of money from general public - Sections 3 and 4 of Prevention of Money Laundering Act, 2002 - HELD THAT:- Since the petitioner is a resident of Delhi and there is likelihood of flight risk and misuse of the liberty of bail and the trial is likely to suffer, the present case does not inspire the confidence of this Court to use the judicial discretion to grant bail in favour of the petitioner. Considering the nature and gravity of the accusation, character of evidence appearing against the petitioner, the stringent punishment prescribed and that there are reasonable grounds to believe that the petitioner has no role in the offence alleged or not likely to commit any such offence, which is not possible to record in this case. The prayer for bail is devoid of any merit - Bail application dismissed.
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