Delhi court grants bail to Ratul Puri in bank loan fraud case

A Delhi court on Friday granted bail to businessman Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath, in a money-laundering case related to a bank loan fraud.

Special Judge Arvind Kumar granted the relief to Mr. Puri saying no purpose will be served by keeping him in further custody.

The Enforcement Directorate had last month filed a charge sheet against Mr. Puri and his company Moser Baer.