Court Denies Bail to Former Minister Alamgir Alam in Money Laundering Case

A special PMLA court denied bail to Jharkhand Congress leader Alamgir Alam in a money laundering case. Judge Sharma cited Alam's influence and potential to tamper with evidence and witnesses. The ED alleged Alam’s involvement in financial crimes. Alam's defense claimed the case was politically motivated and lacked concrete evidence.

A special PMLA court on Friday denied the bail application of Jharkhand Congress leader and former minister Alamgir Alam, who is accused in a money laundering case. Judge Prabhat Kumar Sharma stated that Alam, as an influential person, could potentially tamper with evidence and influence witnesses.

Judge Sharma emphasized that the crime of money laundering poses an economic threat to national interest and is usually committed with a calculated conspiracy and motive for personal gain. Various judicial precedents have ruled that jail is the standard measure for money launderers while bail is the exception. Alam was arrested by the Enforcement Directorate on May 15 following an interrogation session in Ranchi. At 74, Alam has previously served as a rural development minister.

Alam's petition for regular bail claimed innocence, alleging political motivation behind his arrest, and stated that there was no substantial evidence against him. His defense attorney argued the case was baseless and aimed to tarnish his reputation. Despite presenting these points and citing Alam's health issues, the court found the ED's evidence compelling and ruled against granting bail.

(With inputs from agencies.)