Delhi HC grants bail to former Lava MD Hari Om Rai in money laundering case

Justice Manoj Kumar Ohri granted relief to the ex-Lava official, who was in custody since his arrest by the Enforcement Directorate in October last year.

The court considered the period of custody as well as the fact that all the other accused persons had been granted bail and the trial was at a "nascent stage", and directed that Rai be released on regular bail on a personal bond of ₹1 lakh with one surety of the like amount.

The court also said it was prima facie satisfied that the "twin conditions" for grant of bail, as enumerated in section 45 of the Prevention of Money Laundering Act , were met in the present case.