Overview
- Justice Tribhuvan Dahiya dismissed the Shiromani Akali Dal leader’s regular bail plea in the disproportionate assets case registered by the Vigilance Bureau on June 25.
- The court directed the Vigilance Bureau to complete the remaining investigation within three months and noted that Majithia may seek bail thereafter.
- The order pointed to about 20 vulnerable material witnesses and warned of possible manipulation of records if the petitioner were released.
- Investigators allege laundering of roughly ₹540 crore through shell companies and foreign routes linked to Singapore and Cyprus, backed by a 40,000-page chargesheet and over 200 witness statements.
- Majithia’s team called the case a politically motivated ‘second FIR,’ but the court held a fresh case was permissible given new facts and the gravity of the alleged economic offences.