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Delhi Court Grants Regular Bail to I-PAC Co-Founder Vinesh Chandel

ED cited his cooperation to ease strict PMLA bail hurdles.

Overview

  • Chandel, arrested on April 13 in a coal-pilferage-linked money-laundering case, won regular bail on Thursday after the ED told the Delhi court it would not oppose his plea.
  • The judge required a Rs 2 lakh bond with a matching surety and ordered him to cooperate with investigators, remain reachable, avoid influencing witnesses, and seek permission before leaving India.
  • Because prosecutors did not contest the application, the court said the stringent Section 45 'twin conditions' under the anti-money-laundering law did not apply.
  • Investigators allege I-PAC routed funds through hawala channels and bogus invoices and split receipts between bank transfers and cash, with about Rs 50 crore in suspect flows detected so far.
  • The timing—one day after West Bengal polling ended—drew political criticism from opponents including AAP’s Saurabh Bharadwaj, while the probe continues and further evidence collection is expected.