DA case: Mohali court junks SAD leader Bikram Majithia' s bail plea
Shiromani Akali Dal
leader
Bikram Singh Majithia
, who was arrested in a disproportionate assets (DA) case.
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Speaking to reporters, public prosecutor Ferry Sofat said the court dismissed the bail plea filed by Majithia.
Sofat said the bail application was dismissed on two grounds -- investigation being underway and the serious nature of the alleged offences.
He said the court held day-to-day hearing for at least 10 days on Majithia's bail plea.
Majithia is currently lodged in New Nabha Jail in Patiala.
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On August 14, the court extended his
judicial custody
till August 28.
The
Punjab Vigilance Bureau
arrested Majithia on June 25 in the DA case allegedly involving laundering of Rs 540 crore of "drug money".
On July 6, Majithia was sent to judicial custody. His judicial remand was extended on July 19 and then on August 2.
The bureau in its FIR claimed preliminary investigations revealed over Rs 540 crore of "drug money" was laundered through several ways and it was allegedly facilitated by Majithia.
This FIR against Majithia stems from an ongoing investigation being conducted by a
Punjab Police
special investigation team into the 2021 drug case.
In 2021, Majithia was booked under the
Narcotic Drugs and Psychotropic Substances Act
.
The action was taken on the basis of a 2018 report of the anti-drug special task force.
Majithia spent more than five months in
Patiala Jail
and walked out of prison in August 2022 after the
Punjab and Haryana High Court
granted him bail.
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