ORDER :

(C.S. DIAS, J.)

The application is filed under Section 439 of the Code of Criminal Procedure, 1973 , by the first accused in ECIRNo.KZSZO/12/2021, which is registered by the Enforcement Directorate, Kozhikode, against ten accused persons for allegedly committing the offences under Section 3 read with Section 17 and punishable under Section 4 of the Prevention of Money Laundering Act, 2002 (‘PMLA Act’, in short). The petitioner was arrested on27.09.2023.

2.The prosecution case, in brief, is that, the Vigilance and Anti- Corruption Bureau has registered FIR No.VC-02/2019-WYD against K.K.Abraham, the erstwhile President of the Pulpally Service Co- operative Bank (‘Bank’, in short), who had conspired with Remadevi.K.T (the then Secretary of the Bank) Sri.P.U.Thomas (the then Loan Section in charge of the Bank) and other Governing Body members of the Bank for allegedly committing the offences under the Prevention of Corruption Act, 1988 (‘P.C Act’, in short). The Investigating Officer filed charge sheets in four parts against 10 accused persons for allegedly committing the offences under Sections 409, 420, 468, 471, 201 and 120 B of the Indian Penal Code and Sections 13 (1) (d