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2017 Supreme(Mad) 4149

P.N.PRAKASH
Madhan – Appellant
Versus
State – Respondent


Advocates:
Advocate Appeared:
For the Appellant :L. Infant Dinesh, Advocate
For the Respondents:G. Rajagopalan, for N. Ramesh, Advocate

ORDER :

P.N. Prakash, J.

1. Madhan, the petitioner herein, was arrested by the respondent-Enforcement Directorate on 23.05.2017 for offences u/s. 3 and 4 of the Prevention of Money-Laundering Act, 2002 (for brevity "the PMLA"). After completing the investigation, the Enforcement Directorate has filed a complaint in C.C. No. 15 of 2017 before the Principal Sessions Court, Chennai (Special Court under the Prevention of Money Laundering Act) for offences under Section 3 read with Section 4 and 8(5) of the PMLA. Madhan continues to be in judicial custody and hence, he seeks bail. Since Section 45(1) of the PMLA places additional limitations on this Court for grant of bail under Section 439, Cr.P.C, this Court is constrained to narrate the facts in detail.

2. In the opinion of this Court, the facts obtaining in this case would provide a fertile plot for a crime thriller movie. Some of the incontrovertible notorious facts are as under:

3.1 Pachamuthu @ Pari Vendhar is the Founder-Chancellor of SRM University and also the Founder-President of India Jananayaka Katchi (IJK) party, a polit


































































































































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