: A court here on Monday sent advocate Rohit Tandon and two others to judicial custody in a money laundering case.
Additional Sessions Judge R.K. Tripathi remanded Tandon and his co-accused Kolkata businessman Paras M. Lodha and Kotak Mahindra bank manager Ashish Kumar in custody till January 16.
Earlier, the Enforcement Directorate produced the accused before the court on the expiry of their police remand and informed it that it did not require their custody for interrogation.
Bail pleas
Later, Tandon and Lodha moved bail applications, which the court scheduled for hearing on January 4 and 6, respectively.
The Directorate had arrested Tandon last month for allegedly paying Rs.13 crore to Lodha and the bank manager as commission to convert Rs.38 crore in the banned notes into new notes.
The cash deposited in the accounts of the bank’s Kasturba Gandhi Marg branch here was converted into 84 drafts. Soon after the fraud was detected, all the drafts were cancelled and the money was transferred to the Income Tax Department.
