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2017 (9) TMI 434 - HC - Money LaunderingOffence under sections 3 and 4 of the P.M.L.A. Act - anticipatory bail - unaccounted amount of more than a crore, which was given as a loan by the petitioner to his wife-Ankita Singh, who in turn, had given a loan of Rupees One Crore to her brother Surya Sonal Singh - Held that:- The supplementary complaint has put much reliance on the fact that Income tax Return did not reflect the loan amount. However, the balance sheet, which has been appended to the Income tax Return for the assessment year 2009-2010 does suggest that Ankita Singh had obtained unsecured loan of ₹ 1,22,31.000 from the petitioner and had given as a loan an amount of Rupees One Crore to co-accused-Surya Sonal Singh. The veracity of the balance sheet has sufficiently been substantiated by the information received under the Right to Information Act and the same also finds mention in the order of the adjudicating authority at clause 8.12. The adjudicating authority on proper assessment of the documentary evidence as well as the statement of the accused recorded under section 50 of the Prevention of Money Laundering Act had released the property attached with respect to all the live units. It is also to be noted herein that the petitioner or for that matter other accused Surya Sonal Singh and Ankita Singh were never made accused in the main offence, which was investigated by the C.B.I. Thus, the allegation made in the supplementary complaint seems to have been sufficiently diluted by virtue of the order passed by the adjudicating authority. Petitioner also seems to have fully cooperated in the investigation and his statement was also recorded. The investigation having been completed, supplementary complaint has already been filed by the opposite party. The petitioner is in custody and the main accused persons namely Kamlesh Kumar Singh @ Kamlesh Singh and his wife Madhu Singh have been granted bail by this Court in B.A. No. 2703 of 2012 and B.A. No. 3602 of 2014 respectively. In view of the circumstances, enumerated above, I am inclined to allow this application. Accordingly, the petitioner, named above, is directed to be released on bail, on furnishing bail bond of ₹ 10,000/- (Ten thousand only), with two sureties of the like amount each to the satisfaction of learned Special Judge, C.B.I., Ranchi
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