Chandigarh, Dec. 4 -- The Punjab and Haryana High Court on Thursday dismissed Shiromani Akali Dal (SAD) leader Bikramjit Singh Majithia's bail plea in the alleged money laundering case.

Additional Advocate General of Punjab and Haryana HC, Ferry Sofat, said that Majithia was arrested in connection with illicit fund transfers, and based on these transactions, the court dismissed his plea.

Majithia had cited prolonged custody and alleged a "political vendetta" to demand bail in the case.

"He was arrested on 25 June based on an SIT report of illicit fund transfers through various companies. Majithia's plea was that the proceedings and custody have been prolonged, and it is all a political vendetta. The court recognised the seriousness of ...