While denying bail to former union minister P. Chidambaram, the Delhi High Court made a special reference to the AP CM Jaganmohan Reddy’s illegal assets cases. Judge Sunil Gaur recalled how the Supreme Court made serious comments before denying bail to Jagan at that time. The Apex Court commented that the top level economic offences with wide ranging consequences should not be taken as ordinary financial offences.
The Supreme Court also commented at that time that Jagan’s assets cases involved active participation of many multi-level conspirators who carried out transactions in multi-farious ways nationally and internationally. Unimaginable amounts of public money would go into the hands of these illegal operators which is harmful to the country’s economy as a whole. It would be advisable not to give bail in such cases of huge, high intensity illegal assets cases.
Justice Gaur stated that if a close look is taken at the Apex Court observations, it would not be correct to give bail in the present case as well. His comments reflected on the Chidambaram case which eventually led to the CBI custody of the former union minister.
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