Dr. S. Vimala, J.

1. Money is neither clear nor dirty, per se, but becomes tainted as it moves from the legal economy across legal-illegal boundary into the underground economy. Alleging that the accused persons also contributed for the underground economy, a complaint has been laid by IDBI Bank Limited. Criminal Original Petition No. 20423 of 2016 has been filed by the petitioner/first accused, Farouk Irani, (Ex-Managing Director of First Leasing Company), (aged 75 years), the accused in C.C. No. 63 of 2016 before the Special Court, Chennai, in respect of the offence under Sections 3 and 4 of the Prevention of Money-Laundering Act, 2002 (hereinafter referred to as "the PMLA"), seeking the relief of bail.

1.1. Criminal Original Petition No. 20454 of 2016 has been filed by the petitioner, L. Sivaramakrishnan, (aged 50 years) (Ex- Chief Finance Officer), the fourth accused in Crime No. ECIR/CEZO/10/2015 on the file of the respondent, in respect of the offence under Section 3 of the PMLA, seeking the relief of bail.

1.2. Criminal Original Petition No. 20581 of 2016 has been filed by the petitioner, S. Dilliraj, (aged 48 years), (Ex-Senior Vice President), the third accused in Crim