India, April 12 -- A special PMLA court has refused regular bail to Suumaya Group promoter Ushik Mahesh Gala in a Rs.137-crore money laundering case, while granting him limited relief by extending his interim medical bail till April 15 and directing him to surrender thereafter.
The order, passed by special judge RB Rote earlier this week, dealt with both Gala's regular bail petition and his request for continued medical relief.
Gala, arrested by the Enforcement Directorate (ED) in November last year, is accused of duping Capalpha Trade Pvt Ltd (CTPL) into investing large sums in a purported government-linked "Need to Feed" programme.
The investigating agency claims that the scheme was projected as being linked to supply of dry ration k...
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