March 28, 2025 09:59 am (IST)
Follow us:
Mining baron Sekhar Reddy gets conditional bail
Chennai, May 12 (IBNS) : The Madras High Court on Friday granted bail to mining baron Sekhar Reddy and two of his accomplices , who were arrested after the Enforcement Directorate recovered Rs. 32 crore in new 2000-rupee notes post demonetisation, reports said.
Reddy, Srinivas and Prem Kumar were asked to pay Rs. ten lakh and produce two sureties of Rs. five lakh each for conditional bail.
The High Court asked them to stay in Delhi and appear before ED officials on daily basis.
The trio was accused of money laundering.
Image: Wikimedia Commons
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Kolkata couple sues IVF centre for not revealing daughter's biological parents' identity, blames it for her death
Thu, Mar 27 2025
'India is not Dharamshala', Amit Shah says as Lok Sabha passes Immigration and Foreigners Bill 2025
Thu, Mar 27 2025
India and China will have issues in foreseeable future but 2020 action was not the way: Jaishankar
Thu, Mar 27 2025
Congress workers clash with police in Odisha during protest against suspension of MLAs
Thu, Mar 27 2025
Unlike China and Mexico, India may escape steep US tariffs
Thu, Mar 27 2025