Money laundering case: SC issues notice to Bineesh Kodiyeri

B Balagopal I Mathrubhumi News

1 min read
Read later

New Delhi: The Supreme Court of India has served a notice to Bineesh Kodiyeri on a petition filed by the Enforcement Directorate(ED) over a money laundering case. ED submitted the plea before the apex court requesting to cancel the bail granted to Bineesh Kodiyeri. The notice was issued by a bench comprising Justice BR Gavai and Justice AS Bopanna.

KM Nataraj, the additional solicitor general who appeared for ED, pointed out the presence of clear evidence against Bineesh in the case. "He was unable to provide the details of the source from which he acquired his assets. He also failed to provide the source for the deposits he had made in IDBI, HDFC, SBI, and Federal Bank. Additionally, some of those who deposited the money in the aforementioned banks failed to appear for questioning," he added.

Bineesh obtained bail from Karnataka High Court in October 2021. Following this, the ED deputy director filed a petition in Supreme Court challenging this verdict.

According to ED, Bineesh along with Anoop Muhammed, the accused in the drug trafficking case, had laundered drug trade profit. ED also said that Bineesh had acquired wealth from illegitimate sources. Following this, he was arrested on October 29, 2020.

Add Comment
Related Topics

Get daily updates from

Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.


2 min

In the company of ferocious dogs, drug peddler in Kottayam lived life king size

Sep 26, 2023


2 min

Suicide of Kottayam businessman: Family protests outside bank with dead body

Sep 26, 2023

Driving Licence

1 min

Pay Rs 200 and get smart vehicle RC cards from Oct 4 onwards

Sep 26, 2023