Above: Former HP CM Virbhadra Singh (file picture)/Photo Courtesy: Photo division
The Patiala House Court bench of Justice Santosh Snehi Mann on Tuesday (January 2) granted bail to LIC agent Anand Chauhan in a disproportionate assets case involving Himachal Pradesh former Chief Minister Virbhadra Singh.
The bench was acting on the plea filed by Chauhan seeking bail.
Chauhan was arrested in July last year in Chandigarh by the Enforcement Directorate (ED), under the provisions of the Prevention of Money Laundering Act (PMLA), for not cooperating with the agency. Subsequently, the ED had also chargesheeted Chauhan.
It is alleged that Chauhan was instrumental in investing Rs 5 crore in LIC policies in the name of Singh, including his wife and children.
—India Legal Bureau