Karnataka Congress leader and MLA DK Shivakumar has been granted bail by the Delhi High Court on a bail bond of Rs 25 lakh plus two sureties.
The court has ordered that Shivakumar cannot leave India without the court’s permission.
Congress’s most favourite troubleshooter DK Shivakumar was arrested by the Enforcement Directorate (ED) on September 3 in a money laundering case. He is lodged in Tihar jail under judicial custody.
Congress leader DK Shivakumar, a seven-time MLA in Karnataka, was booked along with Haumanthaiah — an employee at Karnataka Bhavan in New Delhi — and others over charges of corruption and money laundering under the Prevention of Money Laundering Act (PMLA).
The case was based on a charge sheet filed by the Income Tax Department against Shivakumar and others last year before a special court in Bengaluru on charges of alleged tax evasion and ”hawala” transactions worth crores or rupees.
The I-T department has accused Shivakumar and his alleged associate S K Sharma of indulging in transactions involving huge amounts of unaccounted money on a regular basis through ‘hawala’ channels with the help of three other accused.