Dapoli Resort Case: Bombay HC Denies Bail To Anil Parab’s Aide Sadanand Kadam In Money Laundering Case

Dapoli Resort Case: Bombay HC Denies Bail To Anil Parab’s Aide Sadanand Kadam In Money Laundering Case

The Bombay High Court earlier on Friday last week had reserved the order on the bail plea of Sadanand Kadam in the case.

Urvi MahajaniUpdated: Wednesday, December 06, 2023, 10:04 PM IST
article-image
Sadanand Kadam | FPJ

Mumbai: The Bombay High Court on Wednesday reserved the order on the bail plea of businessman Sadanand Kadam, a close associate of Shiv Sena (UBT) Member of Legislative Council (MLC) Anil Parab, in an alleged money laundering case related to Dapoli Resort.

Justice MS Karnik said that he would be passing the order on December 4.

Arrested in March

Kadam was arrested in March this year under various provisions of the Prevention of Money Laundering Act (PMLA). He approached the HC after his bail plea was rejected by the special PMLA court.

The case was filed by Directorate of Enforcement (ED) in relation to the construction of the Sai Resort in a No Development Zone. Following the allegations, the Ministry of Environment and Forest & Climate Change (MoEF CC) filed a complaint with a Magistrate court in Dapoli.

The sessions court at Khed had quashed the summons issued by the magistrate to Parab.

Special PMLA Court Rejection

Kadam’s counsels Amit Desai and Sudeep Pasbola contended that there is no predicate offence as the Magistrate did not take cognizance of the complaint.

Desai argued that Parab had purchased the land from Pune businessman Vibhas Sathe, who claimed his signature had been forged in important documents. In his statement recorded by the ED, Sathe mentioned that he was pressured by a politician.

For ED, additional solicitor general Devang Vyas contended that the case against Kadam was valid and pointed out that there are two predicate offences due to an FIR registered at Dapoli police station for cheating.

However, Desai countered saying that unconnected causes of action are being dumped into ECIRs (Enforcement Case Information Report, akin to an FIR of ED).

RECENT STORIES

Maharashtra Horror: Mother Hangs Herself After Killing Her 2 Children In Solapur; Reason Behind...

Maharashtra Horror: Mother Hangs Herself After Killing Her 2 Children In Solapur; Reason Behind...

Rajnath Singh To Preside Naval Commanders Conference With Twin Aircraft Carriers On Western Coast

Rajnath Singh To Preside Naval Commanders Conference With Twin Aircraft Carriers On Western Coast

Mumbai: After SBI Service Manager's Arrest, Another Person Held For Stealing Gold Jewellery From...

Mumbai: After SBI Service Manager's Arrest, Another Person Held For Stealing Gold Jewellery From...

Mumbai: Chembur-based Family Loses ₹25.5 Lakhs To Broker Who Fraudulently Promised Them Plot In...

Mumbai: Chembur-based Family Loses ₹25.5 Lakhs To Broker Who Fraudulently Promised Them Plot In...

Mumbai News: BJP MLC Prasad Lad Claims Of Receiving Death Threats Via Phone Call, Non-Cognizable...

Mumbai News: BJP MLC Prasad Lad Claims Of Receiving Death Threats Via Phone Call, Non-Cognizable...