The Patiala House Court in Delhi has found Raj Singh Gehlot, from Ambience Group, not guilty of money laundering. Here’s a simple overview of the case and the court’s ruling:
Background of the Case
RRaj Singh Gehlot was accused of money laundering related to bank loan fraud. The loans were given by multiple banks to finance the building of the Ambience Hotel in Shahdara, Delhi. The ED accused Gehlot of using the loans inappropriately.
Decision of Court
A division bench, headed by Additional Sessions Judge Chanderjit Singh, had on September 19 held that evidence narrated and presented by ED was insufficient to bring the charge home. The Judge said there wasn’t enough evidence to prove the case against Gehlot or the others, so all were cleared of charges.
Details of the Arrest and Bail
Gehlot was initially arrested on July 28, 2021, and faced multiple extensions of interim bail on medical grounds. In April 2023, he was granted regular bail. His legal team included several advocates who worked on his defense.
Allegations and Investigation
The ED claimed that Gehlot and his team misused over Rs 800 crore of a loan. They were accused of diverting the money through various companies they controlled. This case started after the Jammu State Anti-Corruption Bureau filed a report against Aman Hospitality Pvt Ltd and its directors.
Conclusion
The decision by the court marks a major development in the case, discharging all charges against Gehlot. It shows that in court, especially in complex money laundering cases, clear and strong evidence is necessary.