Court allows Raj Kundra to travel abroad
India, June 3 -- A special court under the Prevention of Money Laundering Act (PMLA) on Tuesday permitted businessman Raj Kundra to undertake multiple overseas trips between June 7 and July 27, rejecting the Enforcement Directorate's (ED) objection that he posed a flight risk in the Rs.6,600 crore GainBitcoin cryptocurrency money-laundering case.
Allowing Kundra's application, Special Judge R B Rote said, "There is nothing on record to show that the applicant has misused the liberty granted to him," He added that the right to travel abroad forms part of the fundamental rights guaranteed under the Constitution. The court also noted that the Look Out Circular (LOC) issued against him had already been withdrawn.
The ED opposed the plea, ar...
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