Kochi: The Principal Sessions Court in Kochi on Tuesday dismissed M Sivasankar’s plea for bail against the money laundering case filed against him by Enforcement Directorate(ED). The ruling came after examination of prosecution and defence arguments plus notes and counters submitted in the case.
ED arrested Sivasankar on 29th of October, retaining him in custody until last Thursday. The ED argued against bail today claiming it could prove detrimental to ongoing probe and lead to possibility of his going into hiding.
The hearing on bail petition last Thursday lasted five hours after court cited contradictions in ED’s claims.
