New Delhi [India], December 15 (ANI): The hearing on LIC agent Anand Chauhan's bail plea in connection with the Prevention of Money Laundering Act (PMLA) case has been adjourned for December 19 by the Patiala House Court.
Also, the arguments on the charges levied on Chauhan would be heard on January 18, 2018.
Chauhan, an accused chargesheeted in the money laundering case, was granted interim bail by a special court from November 25 to December 5. The court granted relief to him for attending a wedding of his niece.
Advocate Tarannum Cheema, who moved the plea on behalf of Chauhan, had sought the relief for her client for 15 days.
He was instrumental in investing Rs 5 crore in LIC polices in the name of the Singh, including his wife and children.
Under the PMLA, which is a criminal law, the ED is empowered to conduct investigations to trace assets derived out of the proceeds of crime, to provisionally attach and confiscate the same, and to arrest and prosecute the offenders, found to be involved in money laundering. (ANI)