Sanjay Raut, who is a member of the Rajya Sabha, has been in jail for the past three-and-a-half months. Today he got bail.
Raut was arrested on August 1 under the Prevention of Money Laundering Act (PMLA) in connection with alleged financial irregularities in the redevelopment of the Patra ‘chawl’ in suburban Goregaon.
When the court pronounced the order, family members and supporters of the Shiv Sena MP clapped inside the courtroom and corridor of the court.
A special PMLA court in Mumbai on Wednesday allowed the bail application of ShivSena leader and Rajya Sabha MP Sanjay Raut in a money laundering case related to the Patra Chawl redevelopment project. His alleged Pravin Raut was also granted bail in the case.
Meanwhile, the additional solicitor general had sought a stay on the execution of the bail order for a short period so that the ED could appeal in a higher court against the order.
Once the money is sealed and the seizure memo is prepared, the recovered cash is sent to a State Bank of India branch in that state where it is deposited under a Personal Deposit (PD) account of the Enforcement Directorate. Accordingly, the cash is deposited in the central government treasury.
His statement before getting arrested on 1 August, “False charges and documents are being framed against people. All of this is being done to weaken Shiv Sena and Maharashtra. Sanjay Raut won’t be cowed down. I will not leave the party”