Indore: The Indore bench of Madhya Pradesh High Court on Thursday granted bail to Dr Vinod Bhandari, one of the main accused of Vyapam pre-PG medical entrance examination scam, who laundered money to the tune of Rs 9 crore.
Counsel for Enforcement Directorate and ASG Deepak Rawal said the court directed him to furnish personal bond of Rs 5 lakh, cash security of Rs 5 lakh and surrender his passport to Directorate. The court granted him bail after he was kept in judicial remand for 15 days.
Dr Bhandari has been instructed to remain present before special PMLA court in Indore on scheduled dates unless medical reasons prevent him. The ED case is just an off-shoot of the main case from which alleged proceeds of crime were siphoned off and projected as untainted money. Dr Bhandari is on bail in all the 10 scheduled offences.
The High Court stated that the applicant is 62 years of age, is a doctor, and is a permanent resident of Indore. The court allowed bail after observing that he never violated bail terms and conditions in others cases. Dr Bhandari is one of prime accused in the case filed by Enforcement Directorate sub-zonal office, Indore.
In response to prosecution complaint file by ED against Dr Bhandari and three others in the special court, Dr Bhandari was sent to judicial remand on August 16. Dr Bhandari filed application in Indore bench. The hearing on the bail application was conducted in the court of Justice Prakash Jaiswal and the court had reserved the order on Wednesday.