Chandigarh, Sept. 29 -- The Punjab and Haryana high court (HC) has dismissed the bail plea of Sunny Enclave developer Jarnail Singh Bajwa in a money laundering case.

"The allegations contained in the enforcement case information report (ECIR), prima facie shows that the petitioner was involved in the process and activities connected with the proceeds of crime," the bench of justice Manisha Batra observed.

The Bajwa Developers managing director is facing allegations of cheating and fraud at different places and has at least 45 criminal cases pending against him from investors.

According to the court order, beginning 2017, a series of FIRs were registered against him on the allegations of cheating homebuyers and allottees of plots, flats...