CA gets bail in ₹20,000cr PMLA case tied to Vivo

New Delhi, Jan 31, 2024

A Delhi court has granted bail to chartered accountant Nitin Garg, one of the four main accused persons in Rs 20,000 crore money laundering case linked to Chinese phone maker Vivo.

"Prima facie, there is no allegation against the applicant that he has done something which was beyond his scope of profession i.e. he indulged in activities which are totally unconnected with Chartered Accountancy.

It has repeatedly been held that stage of bail cannot convert into a mini trial," said the court.

[The Times of India]