India, Oct. 31 -- The Bombay High Court has ordered the release of Jitendra Pandey, a prime accused in an alleged Rs.7,569-crore illegal foreign remittance case, declaring his arrest by the Enforcement Directorate (ED) illegal. The court held that his arrest was unnecessary as he had appeared before the agency 38 times over 18 months and cooperated with investigators.

A single-judge bench of Justice Milind Jadhav observed that Pandey had responded to the agency's queries and made the disclosures sought from him.

"From perusing the answers given and disclosures effected it is evident that Petitioner (Pandey) cooperated with Respondent No. 1 - ED from time to time," the judge said while granting him bail.

The court also rejected the ED's...