Court sends former Jaypee Infratech MD to 14-day judicial custody

Delhi's Patiala House Court on Tuesday sent Manoj Gaur, former executive chairman and Chief Executive Officer of Jaypee Associates (JAL) to 14-day judicial custody. He was in five-day Enforcement Directorate custody after his arrest on November 13 and was produced before the court.

- TDG NETWORK

Manoj Gaur. File photo

Additional Sessions Judge (ASJ) Dhirendra Rana remanded Manoj Gaur to 14-day judicial custody.

ED had moved an application seeking judicial custody of Manoj Gaur, who is also a former Chairman and Managing Director of Jaypee Infratech Ltd. (JIL).

It was stated that the investigation is ongoing and the accused is required to be sent in judicial custody.

Special Public Prosecutor Atul Tripathi appeared for the probe agency. The court had granted five-day custody of Manoj Gaur to the ED on November 13 after he was arrested in a money laundering case.

ED earlier had submitted that it is a money laundering case related to the money of home buyers. It alleged that Rs 13000 crore collected from homebuyers was not used for providing residences.

Counsels for the accused had opposed the remand sought by the ED. It was submitted that the ECIR was lodged in 2018, and an arrest was made after almost seven years.