Gautam Khaitan gets bail for Rs 25+ lakh bond after another 2-month prison job

OP Khaitan & Co founding companion Gautam Khaitan has actually protected bail on Tuesday after his 2nd prolonged stint in jail relating to the long-running AgustaWestland chopper offer investigation, reported The Hindu and also others.

Special Court Arvind Kumar stipulated a bail bond of Rs 25 lakh and as well as 2 guaranties of a comparable amount, according Gautam Khaitan to the Hindu.

Evidently having a law office counted in his favour: "While providing bond to the implicated, the Court stated: "It is noted that the charged is 54 years old as well as has roots in the culture. He has a law firm based in India, besides having residential or commercial properties in India. Family members of the charged are likewise based in India."

The court also noted that he had actually also returned to India from journeys abroad 120 times (each finished with the court's permission), so the Enforcement Directorate's argument that he would certainly make off didn't hold any type of water with the court.

resizemode-4/news/politics-and-nation/ed-arrests-gautam-khaitan-in-fresh-money-laundering-case.jpg

The case has actually moved glacially considering that Khaitan was very first apprehended in 2014, where he was for almost 3 months prior to being bailed out for Rs 10 lakh.

He was rearrested in early February 2019 over the ED's case of new claims of cash laundering against him.