Lucknow, May 22 -- The Lucknow bench of Allahabad High Court on Thursday approved the bail of Samajwadi Party (SP) leader Vinay Shankar Tiwari, accused under the Prevention of Money Laundering Act (PMLA).
Vinay Shankar Tiwari and othersare accused of cheating banks to the tune of crores of rupees in this case.
The single bench of Justice Subhash Vidyarthi gave this order on the bail plea of Tiwari. Earlier on May 9, the CBI special court had rejected his bail plea, after which he had sought refuge in the High Court.
The case is about allegations of cheating crores of rupees with a consortium of banks. In this case, an order has been issued to issue summons on the CBI charge sheet against Gangotri Enterprises Limited and its directors Aji...