1
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 24th DAY OF AUGUST, 2023
BEFORE
THE HON'BLE MR. JUSTICE H.P. SANDESH
CRIMINAL PETITION NO.5974/2023
BETWEEN:
1 .
MR. K. RAMAKRISHNA
S/O LATE SRI KRISHNAIAH
AGED ABOUT 72 YEARS,
PRESIDENT
SRI GURU RAGHAVENDRA
SAHAKARA BANK NIYAMITHA, AND
SRI GURU SARVABHAUMA SOUHARDA
CREDIT CO-OPERATIVE LTD., AND
DIRECTOR,
M/S. MUKHYAPRANA AGRO FRAMING
AND RESEARCH INFO PVT. LTD.,
M/S. GRAVITY LEGAL COMPANY
NO.64, 3RD FLOOR, 41ST CROSS,
3RD MAIN, JAYANAGAR 8TH BLOCK,
BANGALORE – 560 070.
… PETITIONER
(BY SRI H.S.CHANDRAMOULI, SENIOR ADVOCATE FOR
SRI RAVI KUMAR M.B., ADVOCATE)
AND:
1 .
THE UNION OF INDIA
REPRESENTED BY ITS ASST. DIRECTOR,
DIRECTORATE OF ENFORCEMENT,
BENGALURU ZONE OFFICE,
3RD FLOOR, ‘B’ BLOCK, BMTC,
SHANTHINAGAR, TTMC KH ROAD,
BENGALURU – 560 027.
… RESPONDENT
2
(BY SRI A.R.L.SUNDARESHAN, ASG FOR
SRI M.UNNIKRISHNAN, CGSC)
THIS CRIMINAL PETITION IS FILED UNDER SECTION 439
OF CR.P.C PRAYING TO RELEASE HIM ON INTERIM BAIL FOR A
PERIOD OF SIX MONTHS ON MEDICAL GROUNDS ENABLING HIM
TO TAKE BETTER TREATMENT IN ANY OF THE PRIVATE
HOSPITALS
IN
BENGALURU
IN
SPL.C.C.NO.780/2022
(ECIR/BGZO/9/2020) PENDING ON THE FILE OF PRL. CITY CIVIL
AND SESSIONS COURT AT BENGALURU U/S 3 R/W 4 OF PML
ACT.
THIS CRIMINAL PETITION HAVING BEEN HEARD AND
RESERVED FOR ORDERS ON 16.08.2023 THIS DAY, THE COURT
PRONOUNCED THE FOLLOWING:
Heard the learned counsel for petitioner and counsel for
the respondent.
2.
The factual matrix of the case of the prosecution that
is Directorate of Enforcement, Bengaluru Zonal office, Bengaluru
that one Sri.A.Santhosh Kumar, CEO of Sri Guru Raghavendra
Sahakara Bank Niyamith, Bengaluru lodged a complaint before
the Banasawadi Police Station, Bengaluru for the commission of
misappropriation of the funds and fraud and upon filing of the
complaint, the Banaswadi police have registered a case in
Cr.No.69/2020 for the offences punishable under Section
3
406,420,409,120B R/w Section 34 of Indian Penal Code and
under Section 9 of the Karnataka Protection of Interest of
Depositors in Financial Establishment Act. This petitioner was
arrested by the Bengaluru police on 14.02.2022 and on the
completion of the investigation, they have filed a charge sheet in
Criminal Case No. 28892/2021, now pending on the file of
Hon’ble I ACMM Court at Bengaluru.
3.
In the meantime, the respondent Directorate of
Enforcement has registered a case in ECIR/BGZO/9/2020 against
the petitioner and others for the alleged offences punishable
under Section 3 R/w 4 of PML Act, 2022. Based on the said
complaint, the Trial Court took the cognizance of the said
offences and registered the case and after the investigation filed
the final complaint before the Prl. City Civil and Sessions Judge,
Bengaluru in Spl.C.No.780/2022.
4.
It is contended that the allegations made in the
prosecution papers are that petitioner being the head of the Sri
Guru Raghavendra Sahakara Bank Niyamith and along with
other accused conspired together and created bogus/fake
deposits by debiting loans and advances of FDs and loans
4
against FDs were sanctioned without having FDs. The loan
documents were not found in respect of 80876 loans amount
into Rs.1,544.43 crores and same was found without any
securities and it is further alleged that they have sanctioned the
loans to various beneficiaries without RBI directions issued on
01.07.2015. Further it is alleged that the petitioner and other
accused were responsible for the loans of Rs.1,556 crores and
bank did not have any KYC documents for 8039 customers
accounts etc.,
5.
It is also contended that in the petition that the
petitioner had moved the bail application under Section 439 of
Cr.P.C before the Trial Court and same was dismissed on
07.03.2022 and thereafter he had approached this Court and
filed Crl.Misc.No.12561/2022 and said petition also came to be
dismissed by this Court on merit on 24.06.2022, challenging the
same, SLP No.8032/2022 filed before the Apex Court and same
was dismissed on 16.09.2022. Thereafter the petitioner has
approached the Trial Court on 21.01.2023 and sought for regular
bail under Section 439 of Cr.P.C on medical grounds and same
was rejected by the Court on 06.06.2023.
5
6.
The petitioner in the present petition has contended
that he is suffering from various ailments more particularly heart
ailment, even today he is under medication, since he is in
judicial custody, he could not get proper medical attention in jail
hospital, he requires immediate medical treatment at reputed
private hospital for heart ailment. The medical documents are
also produced as Annexure–A to G and has not filed any other
petition for seeking the same relief.
7.
The counsel would vehemently contend in his
argument that petitioner is aged about 72 years and suffering
from various illness for the past several years more particularly
heart ailment, previously he has suffered multiple heart attacks
and admitted in Jayadeva Institute of Cardiovascular, Bengaluru
on 01.11.2016. On 18.09.2019 he got admitted to the Apollo
hospital
for
heart
ailments.
In
the
year
2019
doctor
Girish.B.Navasundi attached to legends heart centre had opined
that LVEF of the petitioner is 35% (normal rate is 55%). On
15.02.2020, it was opined that LV function decreased to 40% to
30% of petitioner as such implantation of CRT-D (pace maker) is
necessary
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