Karnataka Congress leader DK Shivakumar, who was sent to judicial custody earlier this week, appeared before the Delhi High Court on Saturday for the hearing on his bail plea.
The court reserved the order on his plea till September 25.
During the proceedings, senior advocate Abhishek Manu Singhvi, appearing for the Congress leader, said the Enforcement Directorate (ED) is “desperate” to keep his client in jail.
Singhvi, appearing for Shivakumar, said that the Congress leader has “only 20 active accounts”, rather than “317 accounts” claimed by the ED.
“Show me the 21st account and I would sit down. The agency is very desperate to keep Shivakumar in jail.”
Former Attorney General and senior advocate Mukul Rohatgi, also representing Shivakumar, told the court that his client was not a flight risk.
On the other hand, Additional Solicitor General KM Natraj, appearing for ED, opposed the bail plea, suggesting that Shivakumar is likely to impede the investigation and might influence the witness.
Natraj told the court that several documents and materials were recovered during the Income Tax (I-T) and Prevention of Money Laundering Act (PMLA) probes, which lead to the strong inference that offence was committed by the accused.
Arguing that the investigation was at a “crucial stage”, the ED’s counsel told the court that the accused had uncooperative and evasive during the interrogation.
Shivakumar, The Congress’ trouble shooter, was arrested by ED on September 3.
Based on a complaint file by the Income Tax department, the agency lodged a money laundering case against him in September last year.
The department had stated that it came to know of money laundering and hawala operations involving a syndicate across Delhi and Bengaluru.