Sanjay Bhandari Fights Fugitive Tag, Court Temporarily Blocks ED Asset Seizure
Sanjay Bhandari Gets Reprieve: Court Halts ED Asset Seizure, Allows Challenge to Fugitive Tag
In a recent development, arms dealer Sanjay Bhandari has been granted the opportunity to contest his fugitive economic offender status by a Delhi court. This decision also temporarily halts the Enforcement Directorate’s (ED) plea to confiscate his properties.
Court Grants Bhandari Time to Challenge Fugitive Status
The court’s decision provides Bhandari a crucial window to argue against the fugitive tag. This marks a significant turn in the ongoing legal proceedings. The ED had sought to seize his assets under the Fugitive Economic Offenders Act, but the court’s intervention offers Bhandari a chance to present his case.
Implications of the Court’s Decision
This ruling has significant implications for both Bhandari and the ED. It provides Bhandari a platform to potentially overturn the fugitive tag, which carries severe consequences. For the ED, it represents a temporary setback in their efforts to recover assets allegedly linked to economic offenses.