Kerala High Court Grants Bail to Former MLA in Fashion Gold Money Laundering Case

The Kerala High Court grants bail to former MLA M. C. Kamarudheen and his business associate T. K. Pookoya Thangal in the Fashion Gold money laundering case, citing absence of prima facie evidence under the Prevention of Money Laundering Act (PMLA) and Section 420 IPC.

The bench noted that alleged business failures during COVID-19 do not establish fraudulent intent, and that plots of land and other assets had already been attached.

Having spent over 265 days in custody and with a trial unlikely to begin soon, the court deems continued imprisonment unwarranted.

Justice Bechu Kurian Thomas imposed bail terms of ₹50,000 with two solvent sureties each.