AHMEDABAD: A day after his arrest by Enforcement Directorate on cash laundering costs in a 2023 criticism, Bahubali Shah, 73, director of Gujarat Samachar Ltd and Lok Prakashan Ltd, was granted interim bail till Might 31 by a particular PMLA courtroom on Friday on well being grounds.After ED sleuths introduced Shah to VS Hospital for a medical examination after his arrest on Thursday night, his well being situation deteriorated. Shah was instantly admitted to the ICU of a non-public hospital on SG Freeway the place he stays beneath remedy.Shah’s arrest by ED was preceded by an in depth search and survey carried out on 40-odd residential and enterprise premises in Ahmedabad related to Gujarat Samachar day by day and different enterprise entities primarily within the actual property sector.Showing on behalf of Shah, senior counsel Devang Vyas filed a daily bail software earlier than the courtroom primarily on well being grounds. He assured the courtroom of Shah’s full cooperation within the investigation as soon as his well being improved. The ED didn’t object to the grant of bail for a quick interval contemplating his well being situation. Nevertheless, the company reserved its proper to answer to the common bail plea later. Particular PMLA choose Okay S Sojitra granted interim bail to Shah on furnishing surety and a private bond of Rs 10,000.The courtroom has ordered the accused to replace the IO about his well being situation each alternate day. The courtroom has directed that he mustn’t try and hamper or tamper with the case. Shah has additionally been ordered to increase full cooperation to the investigating company topic to his well being situation. The courtroom has posted additional listening to on the common bail plea on Might 31.Opposition Congress on Friday flayed the ED’s motion towards Shah. Rahul Gandhi stated in a put up on X that the try and silence Gujarat Samachar “is one other conspiracy to suppress the voice not simply of 1 newspaper however of all the democracy”. He added, “The nation will neither be run by sticks nor by concern — India can be run by reality and the Structure.”
