1 day ago
Punjab and Haryana High Court Rejects Bail in Money-Laundering Case
The Punjab and Haryana High Court refused to release Sukhwinder Singh Kharour on bail.
His case involves alleged money laundering connected to a cloud-storage investment scheme.
The Enforcement Directorate is investigating the case.
Kharour has been in custody since February 28, 2025.
The court said being in custody for a long time is not enough by itself to grant bail.
Important witnesses still have to give evidence.
The trial has not moved forward enough.
The court also said financial crimes can harm the country’s economy and public trust.
Justice Sumeet Goel dismissed Sukhwinder Singh Kharour’s bail plea in a 2024 Enforcement Directorate money-laundering case.
The case is linked to an alleged cloud-storage investment scheme.
Kharour has been in custody since February 28, 2025.
The court said prolonged custody alone cannot justify bail when material witnesses remain to be examined.
It said economic offences can damage democracy, public wealth, the national economy and national interest.
- Who
- Justice Sumeet Goel and Sukhwinder Singh Kharour; the case involves the Enforcement Directorate.
- What
- The court dismissed Kharour’s bail plea in a money-laundering case.
- Where
- The Punjab and Haryana High Court.
- When
- The court issued its decision on September 18; Kharour has been in custody since February 28, 2025.
- Why
- The court said material witnesses had not yet been examined, the trial had not progressed sufficiently, and economic offences threaten public wealth and national interests.
Key facts
- Court
- Punjab and Haryana High Court
- Judge
- Justice Sumeet Goel
- Accused
- Sukhwinder Singh Kharour
- Case
- 2024 money-laundering case
- Investigating agency
- Enforcement Directorate
- Alleged scheme
- Cloud-storage investment scheme
- Custody date
- February 28, 2025
Quotes
Punjab and Haryana High Court
The court explaining the constitutional and national-interest implications of economic offences
“At the core of our constitutional and legal jurisprudence lies the imperative that the national economy and public wealth must subserve the common good and vision of a welfare state, unhindered by fraudulent depredations. It is this mandate of distributive justice and egalitarian welfare that economic offence(s) violently subvert. Economic Offence(s) corrode the fabric of democracy and are committed with total disregard to the rights and interest of the nation and are committed by breach oftrust”
indianexpress.com
Sources
Related news
Allahabad High Court Calls for Tougher White-Collar Crime Enforcement
Delhi High Court Grants Bail to Former Anil Ambani Executive
Chief Justice Warns Global Money Laundering Leaves Vast Wealth Unrecovered
Bombay High Court Grants Medical Bail in Haryana Money-Laundering Case
CJI Says Indian Judiciary Proactively Tackles Digital Arrest Scams
Delhi court rejects medical bail plea of former Reliance executive
Bombay High Court Questions Charges Against Nawab Malik
Tejashwi Yadav Seeks Fresh Bihar, Bengal Polls Amid ECI Row
Satheesan Defends Chartered Aircraft, Probe and Spending Decisions
Stalin Denies Responsibility for DMK Social Media Posts
