SC rejects ED’s plea seeking stay on Sivasankar’s bail
New Delhi: The Supreme Court of India has rejected the Enforcement Directorate’s plea seeking a stay on the bail granted to M Sivasankar in the gold smuggling case. The apex court has sent a notice to Sivasankar over ED’s petition.
The petition will be considered again after 6 weeks.
Earlier, Kerala High Court granted bail to M Sivasankar, former principal secretary to Chief Minister in the gold smuggling case. Demanding stay on this order, the ED has approached the Supreme Court.
The apex court informed that a detailed hearing will be carried out on ED’s petition and a notice will be served to Sivasankar regarding this.
At the same time, the ED raised serious allegations against Sivasankar before the court.
Sivasankar was aware of all dealings related to gold smuggling. His statement revealed that he contacted the customs officials directly. Allowing Sivasankar to continue in bail will affect the probe, ED pointed out in the petition.
In the order, HC pointed out about recovering Rs 64 lakh from Sivasankar’s bank locker. But Sivasankar is involved in dollar smuggling and corruption of above Rs 1 cr, revealed ED.
Observing these arguments, the Supreme Court has decided to conduct a detailed hearing over the plea.